Press Information Bureau

Government of India

Ministry of Commerce & Industry

11-December, 2012 12:54 IST

EXPORTS (including re-exports)

        Exports during November, 2012 were valued at US $ 22299.63 million (Rs. 122148.03 crore) which was 4.17 per cent lower in Dollar terms (3.22 per cent higher in Rupee terms) than the level of US $ 23269.71 million (Rs. 118341.35 crore) during November, 2011. Cumulative value of exports for the period April-November 2012 -13 was US $ 189222.20  million (Rs 1030488.22 crore) as against US $ 201185.40 million (Rs 933049.70 crore) registering a  negative growth of 5.95 per cent in Dollar terms and growth of 10.44 per cent in Rupee terms over the same period last year.

IMPORTS

          Imports during November, 2012 were valued at US $ 41586.90 million (Rs.227795.59 crore) representing a growth of 6.35 per cent in Dollar terms and 14.55 per cent in Rupee terms  over the level of imports valued at US $ 39102.48 million ( Rs. 198861.13 crore) in November, 2011. Cumulative value of imports for the period April-November, 2012-13 was US $ 318722.38 million (Rs. 1734998.17 crore) as against US $ 323823.75 million (Rs. 1503492.73 crore) registering a negative growth of 1.58 per cent in Dollar terms and growth of 15.40 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:          

          Oil imports during November, 2012 were valued at US $ 14522.1 million which was 16.77  per cent higher than oil imports valued at US $  12436.6 million in the corresponding period last year.  Oil imports during April-November, 2012-13 were valued at US $ 110091.1 million which was 10.84 per cent higher than the oil imports of US $ 99324.2 million in the corresponding period last year.

          Non-oil imports during November, 2012 were estimated at US $ 27064.8 million which was 1.50 per cent higher than non-oil imports of US $ 26665.9 million in November, 2011.  Non-oil imports during April - November, 2012-13 were valued at US $ 208631.3 million which was 7.07 per cent lower than the level of such imports valued at US $ 224499.5 million in April - November, 2011-12.                                                                                                          

TRADE BALANCE

         The trade deficit for April - November, 2012-13 was estimated at US $ 129500.18 million which was higher than the deficit of US $ 122638.35 million during April -November, 2011-12.

EXPORTS & IMPORTS  : (US $ Million)

(PROVISIONAL)

	NOVEMBER	APRIL-NOVEMBER
EXPORTS(including re-exports)
2011-12	23269.71	201185.40
2012-13	22299.63	189222.20
%Growth2012-13/ 2011-2012	-4.17	-5.95
IMPORTS
2011-12	39102.48	323823.75
2012-13	41586.90	318722.38
%Growth2012-13/ 2011-2012	6.35	-1.58
TRADE BALANCE
2011-12	-15832.77	-122638.35
2012-13	-19287.27	-129500.18
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)	NOVEMBER	APRIL-NOVEMBER
EXPORTS(including re-exports)
2011-12	118341.35	933049.70
2012-13	122148.03	1030488.22
%Growth2012-13/ 2011-2012	3.22	10.44
IMPORTS
2011-12	198861.13	1503492.73
2012-13	227795.59	1734998.17
%Growth2012-13/ 2011-2012	14.55	15.40
TRADE BALANCE
2011-12	-80519.78	-570443.03
2012-13	-105647.56	-704509.95

 

 

DS/RK

 

Trade balance widened as imports rose and exports fell, increasing the trade deficit in the reported period. Exports for November 2012 fell in US dollar terms and cumulative April-November exports recorded negative dollar growth though positive rupee growth; imports rose in November and cumulative imports recorded slight negative dollar growth but higher rupee growth. Oil imports increased for both the month and cumulative period, non-oil imports declined cumulatively, and the April-November trade deficit widened compared with the prior year, with provisional figures and percentage growth rates provided in dollar and rupee terms.