Exports during August, 2007 were valued at US $ 12686.38 million which was 18.91 % higher than the level of US $ 10668.78 million during August, 2006. In rupee terms, exports touched Rs. 51787.31crore, which was 4.31% higher than the value of exports during August, 2006. Cumulative value of exports for the period April-August, 2007 was US$ 59483.99 million (Rs. 243611.53 Crore) as against US$ 50255.50 million (Rs.230788.99 Crore) registering a growth of 18.36% in Dollar terms and 5.56% in Rupee terms during the same period last year.

Imports during August, 2007 were valued at US $ 19569.31 million representing an increase of 32.64 % over the level of imports valued at US $ 14753.47 million in August, 2006. In Rupee terms, imports increased by 16.35 %. Cumulative value of imports for the period April-August, 2007 was US$ 91986.78 million (Rs. 376964.85 Crore) as against US$ 70181.41 million (Rs. 322203.73 Crore) registering a growth of 31.07% in Dollar terms and 17% in Rupee terms during the same period last year           

Oil imports during August, 2007 were valued at US $ 6022.74 million which was 19.52% higher than oil imports valued at US $ 5038.96 million in the corresponding period last year.  Oil imports during April-August, 2007 were valued at US$ 25901.26 million which was 8.32% higher than the oil imports of US$ 23912.08 million in the corresponding period last year.

Non-oil imports during August, 2007 were estimated at US $ 13546.58 million which was    39.57% higher than growth on non oil imports of US$ 9705.74 million in August, 2006. Non-oil imports during April-August, 2007 were valued at US$ 66085.52 million which was 42.85% higher than the level of such imports valued at US$ 46260.56 million in April-August, 2006.

The trade deficit for April-August, 2007 was estimated at US $ 32502.79 million which was higher than the deficit at US $ 19925.91 million during April-August, 2006.

Tables containing details of exports, imports and trade balance are attached.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
	AUGUST	APRIL-AUGUST
EXPORTS(including re-exports)
2006-2007	10668.78	50255.50
2007-2008	12686.38	59483.99
%Growth 2007-2008/ 2006-2007	18.91	18.36
IMPORTS
2006-2007	14753.47	70181.41
2007-2008	19569.31	91986.78
%Growth 2007-2008/ 2006-2007	32.64	31.07
TRADE BALANCE
2006-2007	-4084.69	-19925.91
2007-2008	-6882.93	-32502.79
EXPORTS & IMPORTS  : (Rs. Crores)
(PROVISIONAL)
	AUGUST	APRIL-AUGUST
EXPORTS(including re-exports)
2006-2007	49649.32	230788.99
2007-2008	51787.31	243611.53
%Growth 2007-2008/ 2006-2007	4.31	5.56
IMPORTS
2006-2007	68658.24	322203.73
2007-2008	79884.28	376964.85
%Growth 2007-2008/ 2006-2007	16.35	17.00
TRADE BALANCE
2006-2007	-19008.92	-91414.74
2007-2008	-28096.97	-133353.32
Figures for 2006-07 are the latest revised whereas figures for 2007-08 are provisional

Trade balance widened as imports outpaced exports, driven by stronger growth in oil and non oil imports. Exports rose substantially in dollar terms while rupee growth was moderate; imports increased faster than exports, widening the April-August merchandise trade deficit. Provisional tables present dollar and rupee values and percentage growths, with revised 2006-07 figures and provisional 2007-08 figures.