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India's exports 4.17pc lower in Nov

Posted on Dec 11, 06:18PM | IBNS

Exports during November, 2012 were valued at US USD 22299.63 million (Rs. 122148.03 crore) which was 4.17 per cent lower in Dollar terms (3.22 per cent higher in Rupee terms) than the level of US USD 23269.71 million (Rs. 118341.35 crore) during November, 2011.

Cumulative value of exports for the period April-November 2012 -13 was US USD 189222.20 million (Rs 1030488.22 crore) as against US USD 201185.40 million (Rs 933049.70 crore) registering a negative growth of 5.95 per cent in Dollar terms and growth of 10.44 per cent in Rupee terms over the same period last year.

Imports during November, 2012 were valued at US USD 41586.90 million (Rs.227795.59 crore) representing a growth of 6.35 per cent in Dollar terms and 14.55 per cent in Rupee terms over the level of imports valued at US USD 39102.48 million ( Rs. 198861.13 crore) in November, 2011.

Cumulative value of imports for the period April-November, 2012-13 was US USD 318722.38 million (Rs. 1734998.17 crore) as against US USD 323823.75 million (Rs. 1503492.73 crore) registering a negative growth of 1.58 per cent in Dollar terms and growth of 15.40 per cent in Rupee terms over the same period last year.

Oil imports during November, 2012 were valued at US USD 14522.1 million which was 16.77 per cent higher than oil imports valued at US USD 12436.6 million in the corresponding period last year.

Oil imports during April-November, 2012-13 were valued at US USD 110091.1 million which was 10.84 per cent higher than the oil imports of US USD 99324.2 million in the corresponding period last year.

Non-oil imports during November, 2012 were estimated at US USD 27064.8 million which was 1.50 per cent higher than non-oil imports of US USD 26665.9 million in November, 2011.

Non-oil imports during April - November, 2012-13 were valued at US USD 208631.3 million which was 7.07 per cent lower than the level of such imports valued at US USD 224499.5 million in April - November, 2011-12.

The trade deficit for April - November, 2012-13 was estimated at US USD 129500.18 million which was higher than the deficit of US USD 122638.35 million during April -November, 2011-12.