EXPORTS UP BY 23.7% IN APRIL-OCTOBER 2008 - INDIA'S FOREIGN TRADE DATA: OCTOBER, 2008

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....XPORTS UP BY 23.7% IN APRIL-OCTOBER 2008 - INDIA'S FOREIGN TRADE DATA: OCTOBER, 2008 <br>News and Press Release<br>Dated:- 1-12-2008<br><BR>Press Information Bureau Government of India **** New Delhi : December 01, 2008 India's cumulative value of exports for the period April- October, 2008 was US $ 107796 million (Rs.467505 crore) as against US $ 87144 million (Rs.354064 crore) registering a....

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.... growth of 23.7 per cent in Dollar terms and 32 per cent in Rupee terms over the same period last year. Exports during October, 2008 were valued at US $ 12822 million which was 12.1 per cent lower than the level of US $ 14588 million during October, 2007. In rupee terms, exports touched Rs.62387 crore, which was 8.2 per cent higher than the value of exports during October, 2007. India's imports....

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.... during October, 2008 were valued at US $ 23360 million representing an increase of 10.6 per cent over the level of imports valued at US $ 21126 million in October, 2007. In Rupee terms, imports increased by 36.2 per cent. Cumulative value of imports for the period April- October, 2008 was US $ 180789 million (Rs.786059 crore) as against US $ 132780 million (Rs.539879 crore) registering a growth o....

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....f 36.2 per cent in Dollar terms and 45.6 per cent in Rupee terms over the same period last year. Oil imports during October, 2008 were valued at US $ 7960 million which was 22 per cent higher than oil imports valued at US $ 6525 million in the corresponding period last year. Oil imports during April- October, 2008 were valued at US $ 65774 million which was 60 per cent higher than the oil import....

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....s of US $ 41115 million in the corresponding period last year. Non-oil imports during October, 2008 were estimated at US $ 15400 million which was 5.5 per cent higher than non-oil imports of US $ 14601 million in October, 2007. Non-oil imports during April- October, 2008 were valued at US$ 115015 million which was 25.5 per cent higher than the level of such imports valued at US$ 91665 million i....

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....n April- October, 2007. The trade deficit for April- October, 2008 was estimated at US $ 72993 million which was higher than the deficit at US $ 45636 million during April- October, 2007. EXPORTS & IMPORTS (US $ million) PROVISIONAL OCTOBER APRIL-OCTOBER EXPORTS (including re-exports) 2007-2008 14588 87144 2008-2009 12822 107796 %Growth 2008-09/2007-2008 -12.1 23.7 IMPORTS 2007-....

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....2008 21126 132780 2008-2009 23360 180789 %Growth 2008-09/2007-2008 10.6 36.2 TRADE BALANCE 2007-2008 -6538 -45636 2008-2009 -10538 -72993 EXPORTS & IMPORTS : (Rs. Crore) (PROVISIONAL) OCTOBER APRIL-OCTOBER EXPORTS(including re-exports) 2007-2008 57641 354064 2008-2009 62387 467505 %Growth 2008-09/2007-2008 8.2 32.0 IMPORTS 2007-2008 83472 539879 2008-2009 113659 ....

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.... 786059 %Growth 2008-09/2007-2008 36.2 45.6 TRADE BALANCE 2007-2008 -25831 -185815 2008-2009 -51272 -318554 Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional<BR> News - Press release - PIB....