EXPORT GROWTH SUSTAINED
INDIA’S
FOREIGN TRADE DATA: APRIL-OCTOBER 2003-04
India’s Exports during April-October,
2003-2004 are valued at US $ 32092.42 million which is 8.44% higher
than the level of US $ 29595.19 million during April-October, 2002-2003.
This is over and above 19.13% export growth in April-October, 2002-03
over the corresponding previous period. In rupee terms, the exports
were Rs. 148691.84 crore, during April- October, 2003-2004 which
is 3.15% higher than the value of exports during April- October,
2002-2003.
Exports during October,
2003 are valued at US $ 4884.66 million which is 5.07% higher
than the level of US $ 4649.16 million during October, 2002. This
is over and above the 25.05% export growth in October, 2002 over
October, 2001. In rupee terms, the exports in October, 2003 were
Rs. 22170.16 crore, which is 1.42% lower than the value of exports
during October, 2002.
India’s Imports during
April-October, 2003-2004 are valued at US $ 41361.66 million representing
an increase of 21.46% over the level of imports valued at US $
34052.68 million in April- October, 2002-2003. In Rupee terms,
the imports have increased from Rs. 165854.55 crore to Rs. 191660.54
crore showing a growth of 15.56% during the period.
Oil imports during
April- October, 2003-2004 are valued at US $ 10867.64 million
which is 6.48% higher than oil imports valued at US $ 10206.48
million in the corresponding period last year. Non-oil imports
during April- October, 2003-2004 are estimated at US $ 30494.02
million which is 27.88% higher than the level of such imports
valued at US $ 23846.20 million in April- October, 2002-2003.
Imports during October,
2003 are valued at US $ 6905.70 million representing an increase
of 23.47 % over the level of imports valued at US $ 5593.07 million
in October, 2002. In Rupee terms the imports increased by 15.85%
during October, 2003.
The trade deficit
for April- October, 2003-2004 is estimated at US $ 9269.24 million
which is higher than the deficit at US $ 4457.49 million during
April- October, 2002-2003.
Tables giving
details of exports, imports and trade balance, according to the
provisional estimates of Directorate General of Commercial Intelligence
& Statistics (DGCI&S) are attached.
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IMPORTS & EXPORTS :
(PROVISIONAL)
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(Unadjusted for late returns)
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(US $ Million)
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October
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April-October
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EXPORTS
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_________
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2002-2003*
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4649.16
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29595.19
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2003-2004
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4884.66
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32092.42
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%Growth 2003-2004/2002-2003
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5.07
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8.44
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IMPORTS
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_________
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2002-2003*
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5593.07
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34052.68
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2003-2004
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6905.70
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41361.66
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%Growth 2003-2004/2002-2003
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23.47
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21.46
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TRADE BALANCE
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_______________
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2002-2003*
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-943.91
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-4457.49
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2003-2004
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-2021.04
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-9269.24
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*Final figures as given
by DGCI&S
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IMPORTS & EXPORTS :
(PROVISIONAL)
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(Unadjusted for late returns)
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(Rs Crores)
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October
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April-October
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EXPORTS
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_________
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2002-2003*
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22488.63
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144150.28
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2003-2004
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22170.16
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148691.84
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%Growth 2003-2004/2002-2003
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-1.42
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3.15
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IMPORTS
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_________
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2002-2003*
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27054.46
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165854.55
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2003-2004
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31343.09
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191660.54
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%Growth 2003-2004/2002-2003
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15.85
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15.56
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TRADE BALANCE
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_______________
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2002-2003*
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-4565.83
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-21704.27
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2003-2004
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-9172.93
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-42968.70
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*Final figures as given
by DGCI&S
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