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Press Information Bureau
Government of India
Ministry of Commerce & Industry
05-December-2012 16:10 IST
In the by-gone months of the year 2012, there is fall in trade deficit from Feb 2012 to April-2012, rise in May 2012, fall in June 2012 and since then it is rising till October 2012. The month wise value of Exports, Imports and Trade Deficit are as below:
Value in US $ Billions
|
| January-2012 | Febuary-2012 | March 2012 | April-2012 | May-2012 | June-2012 | July-2012 | August-2012 | September-2012 | October-2012 |
| Export (A) | 25.4 | 25.2 | 28.8 | 24.5 | 25.7 | 25.1 | 22.4 | 22.3 | 23.7 | 23.2 |
| Import (B) | 43.0 | 40.1 | 42.4 | 37.9 | 41.9 | 35.4 | 37.9 | 38.0 | 41.8 | 44.2 |
| Trade Deficit (A)-(B) | -17.6 | -14.9 | -13.6 | -13.4 | -16.2 | -10.3 | -15.5 | -15.7 | -18.1 | -21.0 |
Source: DGCI&S, Kolkata
The Current Account deficit in 2011-12 at US$ 78.2 billion was 4.2 per cent of GDP as compared with US$ 45.9 billion forming 2.7 per cent of GDP in 2010-11.
This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today.
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