India's cumulative value of exports for the period April- February, 2008-09 was US $ 156597 million (Rs.705231 crore) as against US $ 145878 million (Rs.586233) registering a growth of 7.3 per cent in Dollar terms and 20.3 per cent in Rupee terms over the same period last year. Exports during February, 2008-09 were valued at US $ 11913 million which was 21.7 per cent lower than the level of US $ 15221 million during February, 2008. In rupee terms, exports touched Rs.58685 crore, which was 3.0 per cent lower than the value of exports during February, 2007-08.

India's imports during February, 2008-09 were valued at US $ 16823 million representing a decrease of 23.3 per cent over the level of imports valued at US $ 21934 million in February, 2007-08. In Rupee terms, imports decreased by 4.9 per cent. Cumulative value of imports for the period April- February, 2008-09 was US $ 271687 million (Rs.1223213 crore) as against US $ 228081 million (Rs.917179 crore) registering a growth of 19.1 per cent in Dollar terms and 33.4 per cent in Rupee terms over the same period last year.

Oil imports during February, 2008-09 were valued at US $ 4047 million which was 47.5 per cent lower than oil imports valued at US $ 7713 million in the corresponding period last year.  Oil imports during April- February, 2008-09 were valued at US $ 89684 million which was 26.8 per cent higher than the oil imports of US $ 70704 million in the corresponding period last year.  

Non-oil imports during February, 2008-09 were estimated at US $ 12776 million which was 10.2 per cent lower than non-oil imports of US $ 14222 million in February, 2007-08. Non-oil imports during April- February, 2009 were valued at US $ 182003 million which was 15.6 per cent higher than the level of such imports valued at US $ 157376 million in April- February, 2007-08.

The trade deficit for April- February, 2008-09 was estimated at US $ 115090 million which was higher than the deficit at US $ 82203 million during April- February, 2007-08.  

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
	FEBRUARY	APRIL-FEBRUARY
EXPORTS(including re-exports)
2007-2008	15221	145878
2008-2009	11913	156597
%Growth 2008-09/2007-2008	-21.7	7.3
IMPORTS
2007-2008	21934	228081
2008-2009	16823	271687
%Growth 2008-09/2007-2008	-23.3	19.1
TRADE BALANCE
2007-2008	-6714	-82203
2008-2009	-4910	-115090
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)
	FEBRUARY	APRIL-FEBRUARY
EXPORTS(including re-exports)
2007-2008	60476	586233
2008-2009	58685	705231
%Growth 2008-09/2007-2008	-3.0	20.3
IMPORTS
2007-2008	87151	917179
2008-2009	82872	1223213
%Growth 2008-09/2007-2008	-4.9	33.4
TRADE BALANCE
2007-2008	-26675	-330946
2008-2009	-24187	-517982
Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional

  

Trade deficit widens as exports rise modestly while imports increase, reshaping merchandise balance for April-February. India's merchandise exports for April-February 2008-09 rose 7.3% in US dollar terms while February exports fell year on year; imports rose 19.1% cumulatively despite a February decline, producing a wider trade deficit. Oil imports were lower in February but higher cumulatively, non oil imports were down in February yet up for April-February, and rupee denominated values amplified percentage changes. The figures are described as provisional.