India's Cumulative value of exports for the period April- November, 2008 was US $ 119301 million (Rs.523879 crore) as against US $ 99912 million (Rs.404417 crore) registering a growth of 19.4 per cent in Dollar terms and 29.5 per cent in Rupee terms over the same period last year. Exports during November, 2008 were valued at US $ 11505 million which was 9.9 per cent lower than the level of US $ 12768 million during November, 2007. In rupee terms, exports touched Rs.56374 crore, which was 12.0 per cent higher than the value of exports during November, 2007.

            India's Imports during November, 2008 were valued at US $ 21571 million representing an increase of 6.1 per cent over the level of imports valued at US $ 20329 million in November, 2007. In Rupee terms, imports increased by 31.8 per cent. Cumulative value of imports for the period April- November, 2008 was US $ 203642 million (Rs.897246 crore) as against US $ 153109 million (Rs.620050 crore) registering a growth of 33.0 per cent in Dollar terms and 44.7 per cent in Rupee terms over the same period last year.

            Oil imports during November, 2008 were valued at US $ 7254 million which was 11.9 per cent higher than oil imports valued at US $ 6483 million in the corresponding period last year.  Oil imports during April- November, 2008 were valued at US $ 74114 million which was 55.7 per cent higher than the oil imports of US $ 47597 million in the corresponding period last year.

            Non-oil imports during November, 2008 were estimated at US $ 14318 million which was 3.4 per cent higher than non-oil imports of US$ 13846 million in November, 2007. Non-oil imports during April- November, 2008 were valued at US $ 129528 million which was 22.8 per cent higher than the level of such imports valued at US$ 105511 million in April- November, 2007.

            The trade deficit for April- November, 2008 was estimated at US $ 84341 million which was higher than the deficit at US $ 53197 million during April- November, 2007.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
	NOVEMBER	APRIL-NOVEMBER
EXPORTS(including re-exports)
2007-2008	12768	99912
2008-2009	11505	119301
%Growth 2008-09/2007-2008	-9.9	19.4
IMPORTS
2007-2008	20329	153109
2008-2009	21571	203642
%Growth 2008-09/2007-2008	6.1	33.0
TRADE BALANCE
2007-2008	-7561	-53197
2008-2009	-10066	-84341
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)
	NOVEMBER	APRIL-NOVEMBER
EXPORTS(including re-exports)
2007-2008	50353	404417
2008-2009	56374	523879
%Growth 2008-09/2007-2008	12.0	29.5
IMPORTS
2007-2008	80171	620050
2008-2009	105697	897246
%Growth 2008-09/2007-2008	31.8	44.7
TRADE BALANCE
2007-2008	-29818	-215633
2008-2009	-49323	-373367
Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional

 

Export growth year-to-date contrasts with rising imports and a widening trade deficit, based on provisional trade data. Cumulative exports for April-November 2008 rose 19.4% in US dollar terms (29.5% in rupee terms) year on year, while November exports fell year on year; cumulative imports rose 33.0% in dollar terms (44.7% in rupee terms), with oil imports increasing markedly and non oil imports also up, producing a substantially larger trade deficit for April-November 2008. All 2008-09 figures are provisional; 2007-08 figures are the latest revised.