1st January, 2003
Ministry of Commerce & Industry  


EXPORTS CLOCK OVER 15% GROWTH - EXPORT SURGE CONTINUES

INDIA'S FOREIGN TRADE : APRIL-NOVEMBER, 2002-2003


India’s exports during April-November, 2002-2003 are valued at US $ 32865.10 million which is 15.65% higher than the level of US $ 28418.08 million during April- November, 2001-2002. In rupee terms, the exports were Rs. 159916.85 crores, during April- November, 2002-2003 which is 18.87% higher than the value of exports during April- November, 2001-2002.

Exports during November, 2002 are valued at US $ 4135.09 million which is 15.62% higher than the level of US $ 3576.32 million during November, 2001. In rupee terms, the exports were Rs. 19953.68 crores, which is 16.25% higher than the value of exports during November, 2001.

India’s imports during April- November, 2002-2003 are valued at US $ 39112.75 million representing an increase of 14.25% over the level of imports valued at US $ 34233.01 million in April-November, 2001-2002. In Rupee terms the imports increased by 17.47% during April- November, 2002-2003.

Oil imports during April- November, 2002-2003 are valued at US $ 11728.86 million which is 21.09% higher than oil imports valued at US $ 9686.26 million in the corresponding period of last year. Non-oil imports during April-November, 2002-2003 are estimated at US $ 27383.89 million which is 11.56% higher than the level of such imports valued at US $ 24546.75 million in April- November, 2001-2002.

Imports during November, 2002 are valued at US $ 5361.50 million registering an increase of 28.95% over the level of imports valued at US $ 4157.88 million in November, 2001. In Rupee terms the imports increased by 29.65% during November, 2002-2003.

The trade deficit for April- November, 2002-2003 is estimated at US $ 6247.65 million which is higher than the deficit at US $ 5814.93 million during April- November , 2001-2002.

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.

 

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(US $ Million)

November

April-November

EXPORTS

_________

2001-2002*

3576.32

28418.08

2002-2003

4135.09

32865.10

%Grw 2002-2003/2001-2002

15.62

15.65

IMPORTS

_________

2001-2002*

4157.88

34233.01

2002-2003

5361.50

39112.75

%Grw 2002-2003/2001-2002

28.95

14.25

TRADE BALANCE

_______________

2001-2002

-581.56

-5814.93

2002-2003

-1226.41

-6247.65

*Final figures as given by DGCI&S

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(Rs Crores)

November

April-November

EXPORTS

_________

2001-2002*

17164.45

134536.46

2002-2003

19953.68

159916.85

%Grw 2002-2003/2001-2002

16.25

18.87

IMPORTS

_________

2001-2002*

19955.61

161976.07

2002-2003

25871.64

190267.89

%Grw 2002-2003/2001-2002

29.65

17.47

TRADE BALANCE

_______________

2001-2002

-2791.16

-27439.61

2002-2003

-5917.96

-30351.04

*Final figures as given by DGCI&S