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        Case ID :
        Customs, DGFT & SEZ

        Increase in Import of Oil and Gold

        February 27, 2013

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        Details of value of import of Petroleum, Crude & Products and Gold during the last three years are given below:

                                                                                                     Value in US $ Billions

        Commodity

        2009-10

        2010-11

        2011-12 (P)

        2012-13 (Apr-Dec)(P)

        Petroleum, Crude & Products

        87

        106

        155

        125

        Gold

        29

        41

        56

        38

                                                                        Source: DGCI&S                                   (P)   Provisional

        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.

        DS/RK

        (Release ID :92647)

        Import value disclosure shows rising petroleum and gold import values over recent years, as reported in a parliamentary reply. Disclosure of import values for petroleum (crude and products) and gold shows a sustained increase across the referenced fiscal years, reported to parliament in a written reply. The release provides provisional year-on-year trade valuation figures for petroleum and gold and identifies the source of the statistical series as official trade compilation.
                          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.

                                Import value disclosure shows rising petroleum and gold import values over recent years, as reported in a parliamentary reply.

                                Disclosure of import values for petroleum (crude and products) and gold shows a sustained increase across the referenced fiscal years, reported to parliament in a written reply. The release provides provisional year-on-year trade valuation figures for petroleum and gold and identifies the source of the statistical series as official trade compilation.


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