India's exports during October, 2009 were valued at US $ 13193 million (Rs. 61639 crore) which was 6.6 per cent lower in dollar terms (minus 10.3 per cent in Rupee terms) than the level of US $ 14131 million (Rs. 68754 crore) during October, 2008. Cumulative value of exports for the period April- October, 2009  was US $ 91048  million (Rs 439835 crore) as against US $ 123038  million (Rs. 533205  crore) registering a  negative growth of 26.0  per cent in Dollar terms and 17.5  per cent in Rupee terms over the same period last year.  

India's imports during October, 2009 were valued at US $ 21994 million (Rs.102759  crore) representing a decrease of  15.0  per cent in dollar terms (minus 18.4  per cent in Rupee terms)  over the level of imports valued at US $ 25869  million ( Rs. 125868 crore) in October, 2008. Cumulative value of imports for the period April- October 2009 was US $ 148367 million (Rs. 716535 crore) as against US $ 210864 million (Rs. 916483 crore) registering a negative growth of  29.6 per cent in Dollar terms and 21.8 per cent in Rupee terms over the same period last year.            

                  Oil imports during October, 2009 were valued at US $ 6608   million which was 9.3  per cent lower than oil imports valued at US $  7285 million in the corresponding period last year.   Oil imports during April- October, 2009 were valued at US$ 42864 million which was 39.3 per cent lower than the oil imports of US $ 70570 million in the corresponding period last year.

           Non-oil imports during October, 2009 were estimated at US $ 15387 million which was 17.2 per cent lower than non-oil imports of US $ 18584 million in October, 2008. Non-oil imports during April- October, 2009 were valued at US$ 105503 million which was 24.8 per cent lower than the level of such imports valued at US$ 140295 million in April- October, 2008.                                   

      The trade deficit for April- October, 2009 was estimated at US $ 57318 million which was lower than the deficit of US $ 87827 million during April-October, 2008.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
	OCTOBER		APRIL-OCTOBER
EXPORTS(including re-exports)
2008-2009	14131		123038
2009-2010	13193		91048
%Growth 2009-2010/ 2008-2009	-6.6		-26.0
IMPORTS
2008-2009	25869		210864
2009-2010	21994		148367
%Growth 2009-2010/ 2008-2009	-15.0		-29.6
TRADE BALANCE
2008-2009	-11738		-87827
2009-2010	-8801		-57318
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)		OCTOBER	APRIL-OCTOBER
EXPORTS(including re-exports)
2008-2009		68754	533205
2009-2010		61639	439835
%Growth 2009-2010/ 2008-2009		-10.3	-17.5
IMPORTS
2008-2009		125868	916483
2009-2010		102759	716535
%Growth 2009-2010/ 2008-2009		-18.4	-21.8
TRADE BALANCE
2008-2009		-57114	-383278
2009-2010		-41120	-276700
Figures for 2008-09 are the latest revised whereas figures for 2009-10 are provisional

Trade contraction: exports and imports declined, narrowing the trade deficit and showing provisional lower oil and non oil imports. Significant year on year contraction in external trade values is reported for October 2009 and the cumulative April-October 2009 period: merchandise exports and imports both declined in dollar and rupee terms, with imports falling more sharply and producing a narrower trade deficit. The release distinguishes declines in both oil imports and non oil imports, presents percentage growth rates in dollar and rupee terms, and notes that 2009-10 figures are provisional while 2008-09 figures are revised.