1st March, 2003
Ministry of Commerce & Industry  


DOUBLE DIGIT EXPORT GROWTH CONTINUES

TRADE DATA FOR APRIL-JANUARY, 2002-2003


India’s exports during April-January, 2002-2003 are valued at US $ 42165.42 million which is 17.38% higher than the level of US $ 35921.39 million during April-January, 2001-2002. In rupee terms, the exports were Rs. 204614.08 crores, during April-January, 2002-2003 which is 19.89% higher than the value of exports during April-January, 2001-2002.

Exports during January, 2003 are valued at US $ 4643.97 million which is 9.19% higher than the level of US $ 4253.08 million during January, 2002. In rupee terms, the exports were Rs. 22259.84 crores, which is 8.30% higher than the value of exports during January, 2002.

India’s imports during April-January, 2002-2003 are valued at US $ 49337.44 million representing an increase of 15.94% over the level of imports valued at US $ 42554.41 million in April-January, 2001-2002. In Rupee terms the imports increased by 18.49% during April- January, 2002-2003.

Oil imports during April- January, 2002-2003 are valued at US $ 14349.86 million which is 22.02% higher than oil imports valued at US $ 11760.69 million in the corresponding period of last year. Non-oil imports during April-January, 2002-2003 are estimated at US $ 34987.58 million which is 13.62% higher than the level of such imports valued at US $ 30793.72 million in April-January, 2001-2002.

Imports during January, 2003 are valued at US $ 5280.46 million registering an increase of 24.45% over the level of imports valued at US $ 4242.88 million in January, 2002. In Rupee terms the imports increased by 23.44% during January, 2002-2003.

The trade deficit for April- January, 2002-2003 is estimated at US $ 7172.02 million which is higher than the deficit at US $ 6633.02 million during April- January, 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)

   

January

April-January

   

   

EXPORTS

   

2001-2002*

4253.08

35921.39

   

2002-2003

4643.97

42165.42

   

   

%Grw 2002-2003/2001-2002

9.19

17.38

   

IMPORTS

   

2001-2002*

4242.88

42554.41

   

2002-2003

5280.46

49337.44

   

   

%Grw 2002-2003/2001-2002

24.45

15.94

   

   

TRADE BALANCE

   

2001-2002

10.20

-6633.02

   

2002-2003

-636.49

-7172.02

   

   

*Final figures as given by DGCI&S

   

   

IMPORTS & EXPORTS : (PROVISIONAL)

   

(Unadjusted for late returns)

 

(Rs Crores)

   

January

April-January

   

   

EXPORTS

   

2001-2002*

20554.58

170665.35

   

2002-2003

22259.84

204614.08

   

   

%Grw 2002-2003/2001-2002

8.30

19.89

   

   

IMPORTS

   

2001-2002*

20505.27

202024.68

   

2002-2003

25310.73

239383.57

   

   

%Grw 2002-2003/2001-2002

23.44

18.49

   

TRADE BALANCE

   

2001-2002

49.31

-31359.33

   

2002-2003

-3050.89

-34769.49

   

   

*Final figures as given by DGCI&S