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        Customs, DGFT & SEZ

        Annual Growth of Exports at 26.7 Per Cent.

        May 2, 2012

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        Press Information Bureau
        Government of India
        Ministry of Commerce & Industry

        02-May-2012 16:16 IST

        Annual Growth of Exports at 26.7 Per Cent

        The Strategy paper released by the Department of Commerce on 3rd May, 2011 envisages exports to grow at a compound annual growth rate of 26.7% so as to double India’s merchandise exports over the year 2011-12 to 2013-14.

                                    The percentage growth rate of exports in US dollar terms for the last three years is as under:

         

        2009-10

        2010-11

        2011-12  (Provisional)

        -3.5

        40.5

        20.9

                                                    Source: DGCI&S

         

                           The item and country wise export detail during each of the last three years is available in the DGCI&S publication in CD form namely ‘Monthly Statistics of Foreign Trade of India’, Vol. I (Exports) for March 2010, March 2011 and July 2011(Latest available) respectively. Such CD is regularly sent to Parliament Library by DGCI&S.

        This information was given by Shri Jyotiraditya M. Scindia,  Minister  of State for  Commerce, Industry and in written reply to a question in  Rajya   Sabha today.

        DS/GK

        Export growth target aims to double merchandise exports by the target year, based on cited historical dollar value trends. A governmental export strategy sets a compound annual growth rate target to double merchandise exports within the policy period, citing historical annual percentage changes in dollar value export receipts. DGCI&S monthly export publications (on CD) provide item and country wise details for the referenced years and are regularly sent to the Parliament Library. The projection and supporting statistics were disclosed by the Minister of State for Commerce in a written reply to Parliament.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Export growth target aims to double merchandise exports by the target year, based on cited historical dollar value trends.

                                A governmental export strategy sets a compound annual growth rate target to double merchandise exports within the policy period, citing historical annual percentage changes in dollar value export receipts. DGCI&S monthly export publications (on CD) provide item and country wise details for the referenced years and are regularly sent to the Parliament Library. The projection and supporting statistics were disclosed by the Minister of State for Commerce in a written reply to Parliament.


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