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.