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        News and Press Release

        India’s Foreign Trade: June, 2009

        August 3, 2009

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        Exports during June, 2009 were valued at US $ 12815 million (Rs. 61217 crore) which was 27.7  per cent lower in dollar terms (minus 19.4  per cent in Rupee terms) than the level of US$ 17732 million  (Rs. 75930 crore) during June, 2008. Cumulative value of exports for the period April- June, 2009  was US$ 35432 million (Rs. 172762 crore) as against US $ 51545 million (Rs. 214808 crore) registering a  negative growth of 31.3  per cent in Dollar terms and 19.6  per cent in Rupee terms over the same period last year.

        Imports during June, 2009 were valued at US $ 18977 million (Rs. 90657 crore) representing a decrease of  29.3  per cent in dollar terms (21.2  per cent in Rupee terms)  over the level of imports valued at US $ 26855 million ( Rs. 114995 crore) in June,2008. Cumulative value of imports for the period April- June 2009 was US$ 50936  million (Rs. 248171 crore) as against US$ 80187 million (Rs. 334191 crore) registering a negative growth of  36.5 per cent in Dollar terms and 25.7 per cent in Rupee terms over the same period last year.           

                    Oil imports during June, 2009 were valued at US $ 4999 million which was 50.6 per cent lower than oil imports valued at US $ 10119 million in the corresponding period last year.   Oil imports during April- June, 2009 were valued at US$ 12767  million which was 56.8 per cent lower than the oil imports of US $ 29542 million in the corresponding period last year.

                   Non-oil imports during June, 2009 were estimated at US $ 13978 million which was 16.5 per cent lower than non-oil imports of US $ 16736 million in June, 2008. Non-oil imports during April- June, 2009 were valued at US$ 38169 million which was 24.6 per cent lower than the level of such imports valued at US$ 50645 million in April- June, 2008.

                    The trade deficit for April- June, 2009 was estimated at US $ 15504 million which was lower than the deficit of US $ 28642 million during April-June, 2008.

        EXPORTS & IMPORTS  : (US $ Million)

        (PROVISIONAL)

         

         

         

        JUNE

        APRIL-JUNE

        EXPORTS(including re-exports)

         

         

        2008-2009

        17732

        51545

        2009-2010

        12815

        35432

        %Growth 2009-2010/ 2008-2009

        -27.7

        -31.3

        IMPORTS

         

         

        2008-2009

        26855

        80187

        2009-2010

        18977

        50936

        %Growth 2009-2010/ 2008-2009

        -29.3

        -36.5

        TRADE BALANCE

         

         

        2008-2009

        -9123

        -28642

        2009-2010

        -6163

        -15504

         

         

         

        EXPORTS & IMPORTS  : (Rs. Crore)

        (PROVISIONAL)

        JUNE

        APRIL-JUNE

         

         

         

        EXPORTS(including re-exports)

         

         

        2008-2009

        75930

        214808

        2009-2010

        61217

        172762

        %Growth 2009-2010/ 2008-2009

        -19.4

        -19.6

        IMPORTS

         

         

        2008-2009

        114995

        334191

        2009-2010

        90657

        248171

        %Growth 2009-2010/ 2008-2009

        -21.2

        -25.7

        TRADE BALANCE

         

         

        2008-2009

        -39065

        -119383

        2009-2010

        -29440

        -75409

        Figures for 2008-09 are the latest revised whereas figures for 2009-10 are provisional

        Exports decline and imports contraction reduce trade deficit, reflecting sharp fall in external trade activity during the period. Monthly foreign trade statistics for June 2009 report substantial year on year reductions in exports and imports in both dollar and rupee terms, with oil imports falling far more steeply than non oil imports. Provisional 2009-10 values and revised 2008-09 figures are provided in US dollar and rupee terms, and the combined effect of lower exports and reduced imports produced a narrower trade deficit for April-June 2009 compared with the same quarter of the previous year.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Exports decline and imports contraction reduce trade deficit, reflecting sharp fall in external trade activity during the period.

                                Monthly foreign trade statistics for June 2009 report substantial year on year reductions in exports and imports in both dollar and rupee terms, with oil imports falling far more steeply than non oil imports. Provisional 2009-10 values and revised 2008-09 figures are provided in US dollar and rupee terms, and the combined effect of lower exports and reduced imports produced a narrower trade deficit for April-June 2009 compared with the same quarter of the previous year.





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