INDIA’S FOREIGN TRADE DATA: APRIL-JANUARY 2005-06

India’s Foreign Trade Data: April-january 2005-06

India’s exports during January 2006 have gone up by 21.46% and are valued at US $ 8457.72 million ($ 8.4 billion) compared to the level of US $ 6963.64 million ($ 6.9 billion) during January 2005. In rupee terms, the exports were Rs.37549.74 crore, which is 23.24% higher than the value of exports during January 2005.

Further, exports are higher than non-oil imports, cumulatively for April-January 2005-06.

Cumulative exports during April-January 2005-06 are valued at US $ 74978.00 million ($ 74.9 billion), which is 18.87% higher than the level of US $ 63076.23 million ($ 63 billion) during April-January 2004-05. In rupee terms, the exports were Rs.331771.01 crore, during April-January 2005-06, which is 16.48% higher than the value of exports during April-January 2004-05.

India’s imports during April-January 2005-06 are valued at US $ 108802.77 million representing an increase of 26.67% over the level of imports valued at US $ 85896.98 million in April-January 2004-05. In rupee terms, the imports increased by 24.14%.

Oil imports during April-January 2005-06 are valued at US $ 35292.65 million which is 46.91% higher than oil imports valued at US $ 24024.12 million in the corresponding period last year. Non-oil imports during April-January 2005-06 are estimated at US $ 73510.12 million, which is 18.81% higher than the level of such imports valued at US $ 61872.86 million in April-January 2004-05.

Imports during January 2006 are valued at US $ 11367.68 million representing an increase of 10.69% over the level of imports valued at US $ 10269.79 million in January 2006. In rupee terms, the imports increased by 12.32%.

The trade deficit for April-January 2005-06 is estimated at US $ 33824.77 million, which is higher than the deficit at US $ 22820.75 million during April-January 2004-05.

Source:- PIB Press Releases.