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Trade Deficit for April-September, 2013-14 Estimated at 80126.24 Million US Dollars

Oct 9, 2013 18:01 IST

As per the data released by Ministry of Commerce and Industry, India's Exports during September, 2013 were valued at 27679.33 million US dollars (176461.53 crore rupees) which was 11.15 per cent higher in Dollar terms (29.77 per cent higher in Rupee terms) than the level of 24902.00 million US dollars (135978.63 crore rupees) during September, 2012. Cumulative value of exports for the period April-September 2013 -14 was 152105.40  million US dollars ( 901194.97 crore rupees) as against 144673.91 million US dollars (790838.40 crore rupees) registering a growth of 5.14 per cent in Dollar terms and growth of 13.95 per cent in Rupee terms over the same period last year.

Imports
Imports during September, 2013 were valued at 34439.50 million US dollars (219559.04 crore rupees) representing a negative growth of 18.10 per cent in Dollar terms and a negative growth of 4.38 per cent in Rupee terms  over the level of imports valued at 42051.45 million US dollars (229624.04 crore rupees) in September 2012. Cumulative value of imports for the period April-September 2013-14 was 232231.64 million US dollars (1365699.30 crore rupees) as against 236493.90 million US dollars (1292490.99 crore rupees) registering a negative growth of 1.80 per cent in Dollar terms and growth of 5.66 per cent in Rupee terms over the same period last year.

Crude Oil And Non-Oil Imports
Oil imports during September, 2013 were valued at 13196.5 million US dollars which was 5.94  per cent lower than oil imports valued at 14029.5 million US dollars in the corresponding period last year. Oil imports during April-September, 2013-14 were valued at 82876.1 million US dollars which was 3.58 per cent higher than the oil imports of 80011.6 million US dollars in the corresponding period last year.
Non-oil imports during September, 2013 were estimated at 21243.0 million US dollars which was 24.19 per cent lower than non-oil imports of 28022.0 million US dollars in September, 2012. Non-oil imports during April-September, 2013-14 were valued at149355.5 million US dollars which was 4.55 per cent lower than the level of such imports valued at 156482.3 million US dollars in April-September 2012-13.                                                                                                                                                                                                                                                                              

Trade Balance
The trade deficit for April-September, 2013-14 was estimated at 80126.24 million US dollars which was lower than the deficit of 91819.99 million US dollars during April-September, 2012-13.

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