India's exports during October, 2010 were valued at US $ 17960 million (Rs. 79763 crore) which was 21.3 per cent higher in Dollar terms (15.3 per cent higher in Rupee terms) than the level of US $ 14806 million (Rs.69175 crore) during October, 2009. Cumulative value of exports for the period April-October 2010  was US $ 121394 million (Rs 556162 crore) as against US $ 95756 million (Rs. 462437 crore) registering a  growth of 26.8  per cent in Dollar terms and 20.3 per cent in Rupee terms over the same period last year.

            India's imports during October, 2010 were valued at US $ 27689 million (Rs.122970  crore) representing a growth of 6.8 per cent in Dollar terms (1.5 per cent in Rupee terms)  over the level of imports valued at US $ 25936 million ( Rs. 121175 crore) in October, 2009. Cumulative value of imports for the period April-October, 2010 was US $ 194167 million (Rs. 889827crore) as against US $ 154067 million (Rs. 743470 crore) registering a growth of 26.0 per cent in Dollar terms and 19.7 per cent in Rupee terms over the same period last year.

            Oil imports during October, 2010 were valued at US $ 8410 million which was 0.3  per cent higher than oil imports valued at US $  8389 million in the corresponding period last year.   Oil imports during April-October, 2010 were valued at US$ 57125 million which was 24.6 per cent higher than the oil imports of US $ 45865 million in the corresponding period last year.

           Non-oil imports during October, 2010 were estimated at US $ 19279 million which was 9.9 per cent higher than non-oil imports of US $ 17547 million in October, 2009. Non-oil imports during April - October, 2010 were valued at US$ 137042 million which was 26.7 per cent higher than the level of such imports valued at US$ 108203 million in April - October, 2009.                                   

            The trade deficit for April - October, 2010 was estimated at US $ 72774 million which was higher than the deficit of US $ 58311 million during April -October, 2009. 

 

Trade balance widened as imports outpaced exports, increasing the cumulative deficit for the April-October period. India's merchandise trade in October 2010 showed exports rising year on year and cumulatively, while imports increased more modestly month on year but substantially cumulatively. Oil imports were flat month on year yet higher cumulatively; non oil imports rose both month on year and cumulatively. These flows produced a wider trade deficit for April-October 2010, with provisional rupee denominated data reflecting similar trends and separate reporting of oil and non oil components.