Exports up by 17.1% in April-December 2008 but decline by 1.1% in December 2008

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....xports up by 17.1% in April-December 2008 but decline by 1.1% in December 2008 <br>News and Press Release<br>Dated:- 2-2-2009<br><BR>India's cumulative value of exports for the period April- December, 2008 was US$ 131990 million (Rs.585594 crore) as against US$ 112737 million (Rs. 454997) registering a growth of 17.1 per cent in Dollar terms and 28.7 per cent in Rupee terms over the same period la....

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....st year. Exports during December, 2008 were valued at US $ 12690 million which was 1.1 per cent lower than the level of US $ 12825 million during December, 2007. In rupee terms, exports touched Rs. 61715 crore, which was 22 per cent higher than the value of exports during December, 2007. India's Imports during December, 2008 were valued at US $ 20256 million representing an increase of 8.8 per ce....

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....nt over the level of imports valued at US $ 18610 million in December, 2007. In Rupee terms, imports increased by 34.2 per cent. Cumulative value of imports for the period April- December, 2008 was US$ 225809 million (Rs. 1003947 crore) as against US$ 171718 million (Rs. 693445 crore) registering a growth of 31.5 per cent in Dollar terms and 44.8 per cent in Rupee terms over the same period last y....

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....ear. Oil imports during December, 2008 were valued at US $ 4712 million which was 30.9 per cent lower than oil imports valued at US $ 6824 million in the corresponding period last year. Oil imports during April- December, 2008 were valued at US$ 78827 million which was 44.8 per cent higher than the oil imports of US$ 54421 million in the corresponding period last year. Non-oil imports during Dec....

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....ember, 2008 were estimated at US $ 15544 million which was 31.9 per cent higher than non-oil imports of US$ 11786 million in December, 2007. Non-oil imports during April- December, 2008 were valued at US$ 146982 million which was 25.3 per cent higher than the level of such imports valued at US$ 117297 million in April- December, 2007. The trade deficit for April- December, 2008 was estimated at ....

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....US $ 93819 million which was higher than the deficit at US $ 58981 million during April- December, 2007. EXPORTS & IMPORTS : (US $ Million) (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2007-2008 12825 112737 2008-2009 12690 131990 %Growth 2008-09/2007-2008 -1.1 17.1 IMPORTS 2007-2008 18610 171718 2008-2009 20256 225809 %Growth 2008-09/2007-2008 8.8 31....

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.....5 TRADE BALANCE 2007-2008 -5785 -58981 2008-2009 -7567 -93819 EXPORTS & IMPORTS : (Rs. Crore) (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2007-2008 50580 454997 2008-2009 61715 585594 %Growth 2008-09/2007-2008 22.0 28.7 IMPORTS 2007-2008 73395 693445 2008-2009 98515 1003947 %Growth 2008-09/2007-2008 34.2 44.8 TRADE BALANCE 2007-2008 -22815....

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.... -238448 2008-2009 -36800 -418353 Figures for 2007-08 are the latest revised whereas figures for 2008-09 are provisional<BR> News - Press release - PIB....