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Update on India foreign trade in July 2012
Date: 05/09/2012

A. EXPORTS (including re-exports)
 
Exports during July, 2012 were valued at USD 22442.96 million (INR 124546.75 crore) which was 14.80% lower in Dollar terms (6.45% higher in Rupee terms) than the level of USD 26340.73 million (INR 116998.69 crore) during July, 2011. Cumulative value of exports for the period April-July 2012-13 was USD 97646.92 million (INR 531602.74 crore) as against USD 102848.24 million (INR 459162.24 crore) registering a negative growth of 5.06% in Dollar terms and growth of 15.78% in Rupee terms over the same period last year.
 
B. IMPORTS
 
Imports during July, 2012 were valued at USD 37936.18 million (INR 210526.07 crore) representing a negative growth of 7.61% in Dollar terms (growth of 15.43% in Rupee terms) over the level of imports valued at USD 41059.75 million (INR 182376.73 crore) in July, 2011. Cumulative value of imports for the period April-July, 2012-13 was USD 153195.59 million (INR 833792.71 crore) as against USD 163801.20 million (INR 731377.31 crore) registering a negative growth of 6.47% in Dollar terms and growth of 14.00% in Rupee terms over the same period last year.
 
C. CRUDE OIL AND NON-OIL IMPORTS
 
Oil imports during July, 2012 were valued at USD 12229.1 million which was 5.52% lower than oil imports valued at USD 12943.0 million in the corresponding period last year. Oil imports during April to July, 2012-13 were valued at USD 53814.1 million which was 2.76% higher than the oil imports of USD 52368.0 million in the corresponding period last year.
 
Non oil imports during July, 2012 were estimated at USD 25707.1 million which was 8.57% lower than non-oil imports of USD 28116.7 million in July, 2011. Non oil imports during April to July, 2012-13 were valued at USD 99381.5 million which was 10.82% lower than the level of such imports valued at US$ 111433.2 million in April to July, 2011-12.
 
D. TRADE BALANCE
 
The trade deficit for April to July, 2012-13 was estimated at USD 55548.67 million which was lower than the deficit of USD 60952.96 million during April to July, 2011-12.
 
 EXPORTS & IMPORTS - (USD Million) (PROVISIONAL)
?               
                                                                      JULY                   APRIL-JULY
EXPORTS (including re-exports)                               
 
2011-12                                                      26340.73            102848.24
2012-13                                                      22442.96            97646.92
%Growth 2012-13/ 2011-2012                 -14.80               -5.06
IMPORTS                            
 
2011-12                                                     41059.75             163801.20
2012-13                                                     37936.18             153195.59
%Growth2012-13/ 2011-2012                    -7.61                -6.47
TRADE BALANCE                              
 
2011-12                                                    -14719.02             -60952.96
2012-13                                                    -15493.22             -55548.67
 

EXPORTS & IMPORTS - (INR Crore) (PROVISIONAL)
?               
                                                                        JULY                 APRIL-JULY
EXPORTS (including re-exports)                               
 
2011-12                                                      116998.69           459162.24
2012-13                                                      124546.75           531602.74
%Growth2012-13/ 2011-2012                       6.45               15.78
IMPORTS                            
 
2011-12                                                         182376.73       731377.31
2012-13                                                         210526.07       833792.71
%Growth2012-13/ 2011-2012                         15.43             14.00
TRADE BALANCE                              
 
2011-12                                                    -65378.04            -272215.07
2012-13                                                      -85979.32          -302189.97

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