Dollar Exports Up by 56.93% in May 2011
Exports (including
re-exports)
India’s Exports
during May, 2011 were valued at US $ 25941.28 million (Rs. 116488.01 crore)
which was 56.93 per cent higher in Dollar terms (53.82 per cent higher in Rupee
terms) than the level of US $ 16530.85 million (Rs. 75730.31 crore) during
May, 2010. Cumulative value of exports for the period April-May 2011-12 was US
$ 49790.60 million (Rs 222307.44 crore) as against US $ 34272.98 million
(Rs154681.89 crore) registering a growth of
45.28 per cent in Dollar terms and 43.72 per cent in Rupee terms over the same
period last year.
Imports
India’s Imports during May, 2011
were valued at US $ 40906.95 million (Rs.183690.60 crore) representing a
growth of 54.08 per cent in Dollar terms (51.03 per cent in Rupee terms)
over the level of imports valued at US $ 26549.51 million ( Rs. 121627.30
crore) in May, 2010. Cumulative value of imports for the period April-May,
2011-12 was US $ 73741.31 million (Rs. 329376.66 crore) as against US $
55319.57 million
(Rs. 249652.61 crore) registering a growth of 33.30 per cent in Dollar terms
and 31.93 per cent in Rupee terms over the same period last year.
Crude Oil and Non-Oil
Imports:
Oil
imports during May, 2011 were valued at US $ 10161.0 million which was 18.57
per cent higher than oil imports valued at US $ 8570.0 million in the
corresponding period last year. Oil imports during April-May, 2011-12 were
valued at US$ 20347.0 million which was 12.89 per cent higher than the oil
imports of US $ 18024.0 million in the corresponding period last year.
Non-oil
imports during May, 2011 were estimated at US $ 30745.8 million which was 71.0
per cent higher than non-oil imports of US $ 17979.5 million in May, 2010. Non-oil
imports during April - May, 2011-12 were valued at US$ 53394.2 million which
was 43.17 per cent higher than the level of such imports valued at US$ 37295.5
million in April - May, 2010-11.
Trade Balance
The
trade deficit for April - May, 2011-12 was estimated at US $ 23950.71 million
which was lower than the deficit of US $ 21046.59 million during April -May,
2010-11.
|
Exports & Imports: (US $ Million) |
|
|
|
(Provisional) |
|
|
|
|
MAY |
APRIL-MAY |
|
Exports (including re-exports) |
|
|
|
2010-11 |
16530.85 |
34272.98 |
|
2011-12 |
25941.28 |
49790.60 |
|
%Growth 2011-12/
2010-2011 |
56.93 |
45.28 |
|
Imports |
|
|
|
2010-11 |
26549.51 |
55319.57 |
|
2011-12 |
40906.95 |
73741.31 |
|
%Growth2011-12/
2010-2011 |
54.08 |
33.30 |
|
Trade Balance |
|
|
|
2010-11 |
-10018.66 |
-21046.59 |
|
2011-12 |
-14965.67 |
-23950.71 |
[Source: PIB (MoC&I)
Press Release dated 1st July 2011]