India's Foreign Trade in June, 2012

Author(s): 

New Delhi, August 1: India’s Exports during June, 2012 were valued at US $ 25067.20 million (Rs. 140452.05 crore) which was 5.45 per cent lower in Dollar terms (18.11 per cent higher in Rupee terms) than the level of US $ 26511.62 million (Rs. 118914.17 crore) during June, 2011. Cumulative value of exports for the period April-June 2012 -13 was US $ 75203.96  million (Rs 407055.99 crore) as against US $ 76507.51 million (Rs 342163.55 crore) registering a  negative growth of 1.70 per cent in Dollar terms and growth of 18.97 per cent in Rupee terms over the same period last year.
Likewise, India’s Imports during June, 2012 were valued at US $ 35370.57 million (Rs.198182.00 crore) representing a negative growth of 13.46 per cent in Dollar terms (growth of 8.11 per cent in Rupee terms)  over the level of imports valued at US $ 40870.18 million ( Rs. 183317.46 crore) in June, 2011. Cumulative value of imports for the period April-June, 2012-13 was US $ 115259.41 million (Rs. 623266.64 crore) as against US $ 122741.45 million
(Rs. 549000.58 crore) registering a negative growth of 6.10 per cent in Dollar terms and growth of 13.53 per cent in Rupee terms over the same period last year.
Also, Oil imports during June, 2012 were valued at US $ 12688.6 million which was 4.43  per cent lower than oil imports valued at US $  13276.9 million in the corresponding period last year.  Oil imports during April-June, 2012-13 were valued at US$ 41585.0 million which was 5.48 per cent higher than the oil imports of US $ 39425.0 million in the corresponding period last year.
Non-oil imports during June, 2012 were estimated at US $ 22681.9 million which was 17.80 per cent lower than non-oil imports of US $ 27593.2 million in June, 2011.  Non-oil imports during April - June, 2012-13 were valued at US$ 73674.4 million which was 11.57 per cent lower than the level of such imports valued at US$ 83316.4 million in April - June, 2011-12.
TRADE BALANCE: The trade deficit for April - June, 2012-13 was estimated at US $ 40055.45 million which was lower than the deficit of US $ 46233.94 million during April -June, 2011-12.