INDIA'S FOREIGN TRADE DATA: JANUARY 2009

India's cumulative value of exports for the period April- January, 2008-09 was US $ 144266 million (Rs.645572 crore) as against US $ 127454 million (Rs.512945 crore) registering a growth of 13.2 per cent in Dollar terms and 25.9 per cent in Rupee terms over the same period last year. Exports during January, 2008-09 were valued at US $ 12381 million which was 15.9 per cent lower than the level of US $ 14717 million during January, 2008. In rupee terms, exports touched Rs.60460 crore, which was 4.3 per cent higher than the value of exports during January, 2007-08.

India's imports during January, 2008-09 were valued at US $ 18455 million representing a decrease of 18.2 per cent over the level of imports valued at US $ 22566 million in January, 2007-08. In Rupee terms, imports increased by 1.4 per cent. Cumulative value of imports for the period April- January, 2008-09 was US$ 243358 million (Rs.1090182 crore) as against US$ 194285 million (Rs.782297 crore) registering a growth of 25.3 per cent in Dollar terms and 39.4 per cent in Rupee terms over the same period last year.

Oil imports during January, 2008-09 were valued at US $ 4463 million which was 47.5 per cent lower than oil imports valued at US $ 8505 million in the corresponding period last year. Oil imports during April- January, 2008-09 were valued at US$ 83290 million which was 32.4 per cent higher than the oil imports of US$ 62926 million in the corresponding period last year.

Non-oil imports during January, 2008-09 were estimated at US $ 13992 million which was 0.5 per cent lower than non-oil imports of US$ 14061 million in January, 2007-08. Non-oil imports during April- January, 2009 were valued at US$ 160068 million which was 21.9 per cent higher than the level of such imports valued at US$ 131359 million in April- January, 2007-08.

The trade deficit for April- January, 2008-09 was estimated at US $ 444610 million which was higher than the deficit at US $ 269352 million during April- January, 2007-08.                      

EXPORTS & IMPORTS  : (US $ Million) (PROVISIONAL)\ EXPORTS(including re-exports)	JANUARY	APRIL- JANUARY
2007-2008	14717	127454
2008-2009	12381	144266
%Growth 2008-09/2007-2008	-15.9	13.2
IMPORTS
2007-2008	22566	194285
2008-2009	18455	243358
%Growth 2008-09/2007-2008	-18.2	25.3
TRADE BALANCE
2007-2008	-7849	-66830
2008-2009	-6075	-99093

 

 

 

 

 

 

 

 

 

 

 

EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)
	JANUARY	APRIL- JANUARY
EXPORTS(including re-exports)
2007-2008	57948	512945
2008-2009	60460	645572
%Growth 2008-09/2007-2008	4.3	25.9
IMPORTS
2007-2008	88852	782297
2008-2009	90125	1090182
%Growth 2008-09/2007-2008	1.4	39.4
TRADE BALANCE
2007-2008	-30904	-269352
2008-2009	-29665	-444610
Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional

Trade deficit widens as cumulative imports outpace exports, driven by divergent oil and non oil import trends. India's exports for April-January 2008-09 increased year on year in both Dollar and Rupee terms despite a Dollar valued decline in January; imports fell in January in Dollar terms but rose cumulatively in both currencies. January oil imports declined markedly year on year while cumulative oil imports rose; cumulative non oil imports also increased. The faster cumulative growth of imports relative to exports widened the provisional trade deficit for April-January 2008-09 compared with the prior year.