India's cumulative value of exports for the period April- September, 2008 was US $ 94973 million (Rs.405118 crore) as against US $ 72556 million (Rs.296423 crore) registering a growth of 30.9% in Dollar terms and 36.7% in Rupee terms over the same period last year.  Exports during September, 2008 were valued at US $ 13748 million which was 10.4% higher than the level of US $ 12455 million during September, 2007. In rupee terms, exports touched Rs.62641 crore, which was 24.7% higher than the value of exports during September, 2007.

            India's Imports during September, 2008 were valued at US $ 24380 million representing an increase of 43.3% over the level of imports valued at US $ 17009 million in September, 2007. In Rupee terms, imports increased by 61.9%. Cumulative value of imports for the period April- September, 2008 was US$ 154744million (Rs.661208 crore) as against US$ 111654 million (Rs.456407 crore) registering a growth of 38.6% in Dollar terms and 44.9% in Rupee terms over the same period last year.

            Oil imports during September, 2008 were valued at US $ 9096 million which was 57.1 per cent higher than oil imports valued at US $ 5792 million in the corresponding period last year.  Oil imports during April-September, 2008 were valued at US$ 55063 million which was 59.2 per cent higher than the oil imports of US$ 34590 million in the corresponding period last year.

            Non-oil imports during September, 2008 were estimated at US $ 15284 million which was 36.2% higher than non-oil imports of US$ 11218 million in September, 2007. Non-oil imports during April- September, 2008 were valued at US$ 99681 million which was 29.3% higher than the level of such imports valued at US$ 77064 million in April- September, 2007.                                   

            The trade deficit for April- September, 2008 was estimated at US $ 59771 million which was higher than the deficit at US $ 39098 million during April- September, 2007.

EXPORTS & IMPORTS  : US $ Million (Provisional)
EXPORTS(including re-exports)	SEPTEMBER	APRIL-SEPTEMBER
2007-2008	12455	72556
2008-2009	13748	94973
%Growth 2008-09/2007-2008	10.4	30.9
IMPORTS
2007-2008	17009	111654
2008-2009	24380	154744
%Growth 2008-09/2007-2008	43.3	38.6
TRADE BALANCE
2007-2008	-4555	-39098
2008-2009	-10632	-59771
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)
	SEPTEMBER	APRIL-SEPTEMBER
EXPORTS(including re-exports)
2007-2008	50243	296423
2008-2009	62641	405118
%Growth 2008-09/2007-2008	24.7	36.7
IMPORTS
2007-2008	68616	456407
2008-2009	111085	661208
%Growth 2008-09/2007-2008	61.9	44.9
TRADE BALANCE
2007-2008	-18373	-159984
2008-2009	-48444	-256090
Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional

 

Trade balance widens as imports outpace export growth, driven notably by increased oil and non oil imports. India's exports rose markedly in April-September 2008, with dollar value exports up about thirty percent and rupee value exports up at a higher rate; imports grew faster than exports, driven by strong increases in oil and non oil imports, resulting in a materially larger trade deficit for April-September 2008. The release provides provisional dollar and rupee series and percentage growth comparisons, noting 2007-08 are revised figures and 2008-09 are provisional.