India's exports during June, 2008 were valued at US $ 14664 million which was 23.5 per cent higher than the level of US $ 11870 million during June, 2007. In rupee terms, exports touched Rs.62790 crore, which was 29.7 per cent higher than the value of exports during June, 2007. Cumulative value of exports for the period April- June, 2008 was US $ 42846 million (Rs.178480 crore) as against US $ 35033 million (Rs.144358 crore) registering a growth of 22.3 per cent in Dollar terms and 23.6 per cent in Rupee terms over the same period last year.

            India's imports during June, 2008 were valued at US $ 24452 million registering a growth of 25.9 per cent over the level of imports valued at US $ 19424 million in June, 2007. In Rupee terms, imports increased by 32.2 per cent. Cumulative value of imports for the period April- June, 2008 was US $ 73275 million (Rs.305265 crore) as against US $ 56506 million (Rs.232855 crore) registering a growth of 29.7 per cent in Dollar terms and 31.1 per cent in Rupee terms over the same period last year.

            Oil imports during June, 2008 were valued at US $ 9033 million which was 53.4 per cent higher than oil imports valued at US $ 5890 million in the corresponding period last year.  Oil imports during April- June, 2008 were valued at US $ 25526 million which was 50.2 per cent higher than the oil imports of US$ 16996 million in the corresponding period last year.

           Non-oil imports during June, 2008 were estimated at US $ 15420 million which was 13.9 per cent higher than non-oil imports of US $ 13534 million in June, 2007. Non-oil imports during April- June, 2008 were valued at US $ 47748 million which was 20.9 per cent higher than the level of such imports valued at US $ 39510 million in April- June, 2007.                           

            The trade deficit for April- June, 2008 was estimated at US $ 30429 million which was higher than the deficit at US $ 21473 million during April- June, 2007.

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RJ/MRS