India : Imports up by 7.99%

India’s exports during October, 2007 were valued at US $ 13302.71 million which was 35.65% higher than the level of US $ 9806.69 million during October, 2006. In rupee terms, exports touched Rs.52560.85crore, which was 17.88% higher than the value of exports during October, 2006.
Cumulative value of exports for the period April-October, 2007 was US $ 85583.30 million (Rs.347793.90 Crore) as against US $ 70792.52 million (Rs.324863.93 Crore) registering a growth of 20.89% in Dollar terms and 7.06% in Rupee terms during the same period last year.
India’s imports during October, 2007 were valued at US $ 20785.29 million representing an increase of 24.27 % over the level of imports valued at US $ 16725.65 million in October, 2006. In Rupee terms, imports increased by 7.99%.
Cumulative value of imports for the period April-October, 2007 was US $ 129989.72 million (Rs.528546.44 Crore) as against US $ 103735.88 million (Rs.475862.57 Crore) registering a growth of 25.31% in Dollar terms and 11.07% in Rupee terms during the same period last year.
Oil imports during October, 2007 were valued at US $ 6126.22 million which was 14.59% higher than oil imports valued at US $ 5346.14 million in the corresponding period last year.
Oil imports during April-October, 2007 were valued at US $ 37525.44 million which was 9.25% higher than the oil imports of US $ 34349.77 million in the corresponding period last year.
Non-oil imports during October, 2007 were estimated at US $ 14659.07 million which was 28.82% higher than growth of non oil imports of US $ 11379.52 million in October, 2006.
Non-oil imports during April-October, 2007 were valued at US $ 92464.28 million which was 33.26% higher than the level of such imports valued at US $ 69386.11 million in April-October, 2006.
The trade deficit for April-October, 2007 was estimated at US $ 44406.42 million which was higher than the deficit at US $ 32943.35 million during April-October, 2006.