As per the data released by Union Ministry of Commerce and Industry on11 December 2012, exports and imports during November 2012 were valued at 22299.63 and 41586.90 million US dollars respectively. The trade deficit for April - November 2012-13 was estimated at 129500.18 million US dollars which was higher than the deficit of 122638.35 million US dollars during April -November 2011-12.
EXPORTS (including re-exports)
Exports during November, 2012 were valued at 22299.63 million US dollars (122148.03 crore rupees) which was 4.17 per cent lower in Dollar terms (3.22 per cent higher in Rupee terms) than the level of 23269.71 million US dollars (118341.35 crore rupees) during November 2011. Cumulative value of exports for the period April-November 2012 -13 was 189222.20 million US dollars (1030488.22 crore rupees) as against 201185.40 million US dollars ( 933049.70 crore rupees) registering a negative growth of 5.95 per cent in Dollar terms and growth of 10.44 per cent in Rupee terms over the same period in 2011.
IMPORTS
Imports during November 2012 were valued at 41586.90 million US dollars (227795.59 crore rupees) representing a growth of 6.35 per cent in Dollar terms and 14.55 per cent in Rupee terms over the level of imports valued at 39102.48 million US dollars (198861.13 crore rupees) in November 2011. Cumulative value of imports for the period April-November 2012-13 was 318722.38 million US dollars (1734998.17 crore rupees) as against 323823.75 million US dollars (1503492.73 crore rupees) registering a negative growth of 1.58 per cent in Dollar terms and growth of 15.40 per cent in Rupee terms over the same period in 2011.
CRUDE OIL AND NON-OIL IMPORTS:
Oil imports during November 2012 were valued at 14522.1 million US dollars which was 16.77 per cent higher than oil imports valued at 12436.6 million US dollars in the corresponding period in 2011. Oil imports during April-November 2012-13 were valued at 110091.1 million US dollars which was 10.84 per cent higher than the oil imports of 99324.2 million US dollars in the corresponding period in 2011.
Non-oil imports during November 2012 were estimated at 27064.8 million US dollars which was 1.50 per cent higher than non-oil imports of 26665.9 million US dollars in November 2011. Non-oil imports during April - November, 2012-13 were valued at 208631.3 million US dollars which was 7.07 per cent lower than the level of such imports valued at 224499.5 million US dollars in April – November 2011-12.
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