INDIA’S FOREIGN TRADE DATA: APRIL-JUNE 2007

India’s exports during June, 2007 were valued at US $ 11867.11 million which was 14.05 % higher than the level of US $ 10405.07 million during June, 2006. In rupee terms, exports touched Rs.48386.49 crore, which was 0.97% higher than the value of exports during June, 2006. Cumulative value of exports for the period April-June, 2007 was US $ 34303.50 million (Rs.141330.65 Crore) as against US $ 29044.58 million (Rs.132164.90 Crore) during the same period last year.

India’s imports during June, 2007 were valued at US $ 19195.69 million representing an increase of 36.68 % over the level of imports valued at US $ 14044.43 million in June, 2006. In Rupee terms, imports increased by 21.00 %. Cumulative value of imports for the period April-June, 2007 was US$ 54908.83 million (Rs.226321.35 Crore) as against US$ 40885.73 million (Rs.185987.92 Crore) during the same period last year

Oil imports during June, 2007 were valued at US $ 5664.99 million which was 9.85% higher than oil imports valued at US $ 5157.19 million in the corresponding period last year. Oil imports during April-June, 2007 were valued at US$ 14830.19 million which was 4.21% higher than the oil imports of US$ 14230.81 million in the corresponding period last year.

Non-oil imports during June, 2007 were estimated at US $ 13530.70 million which was 52.25 % higher than growth on non oil imports of US$ 8887.25 million in June, 2006. Non-oil imports during April-June, 2007 were valued at US$ 40078.64 million which was 50.36% higher than the level of such imports valued at US$ 26654.92 million in April-June, 2006.

The trade deficit for April-June, 2007 was estimated at US $ 20605.33 million which was higher than the deficit at US $ 11841.15 million during April-June, 2006.