India’s Foreign Trade- February, 2011
A. EXPORTS (including re-exports) : Exports during February, 2011 were valued at US $ 23597 million (Rs. 107215 crore) which was 49.7 per cent higher in Dollar terms (46.9 per cent higher in Rupee terms) than the level of US $ 15758 million (Rs. 73002 crore) during February, 2010. Cumulative value of exports for the period April-February 2010 -11 was US $ 208229 million (Rs 949278 crore) as against US $ 158497 million (Rs. 753384 crore) registering a growth of 31.4 per cent in Dollar terms and 26.0 per cent in Rupee terms over the same period last year.
B. IMPORTS : Imports during February, 2011 were valued at US $ 31701 million (Rs.144037 crore) representing a growth of 21.2 per cent in Dollar terms (18.8 per cent in Rupee terms) over the level of imports valued at US $ 26164 million ( Rs. 121212 crore) in February, 2010. Cumulative value of imports for the period April-February, 2010-11 was US $ 305299 million (Rs. 1392178 crore) as against US $ 258746 million (Rs. 1228944 crore) registering a growth of 18.0 per cent in Dollar terms and 13.3 per cent in Rupee terms over the same period last year.
C. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during February, 2011 were valued at US $ 8219 million which was 0.3 per cent lower than oil imports valued at US $ 8240 million in the corresponding period last year. Oil imports during April-February, 2010-11 were valued at US$ 88176 million which was 12.4 per cent higher than the oil imports of US $ 78415 million in the corresponding period last year.
Non-oil imports during February, 2011 were estimated at US $ 23482 million which was 31.0 per cent higher than non-oil imports of US $ 17924 million in February,2010. Non-oil imports during April – February, 2010-11 were valued at US$ 217123 million which was 20.4 per cent higher than the level of such imports valued at US$ 180332 million in April – February, 2009-10.
D. TRADE BALANCE : The trade deficit for April – February, 2010-11 was estimated at US $ 97069 million which was lower than the deficit of US $ 100249 million during April -February, 2009-10.
| EXPORTS & IMPORTS : (US $ Million) | ||
| (PROVISIONAL) | ||
| FEBRUARY | APRIL-FEBRUARY | |
| EXPORTS(including re-exports) | ||
| 2009-10 | 15758 | 158497 |
| 2010-11 | 23597 | 208229 |
| %Growth2010-11/ 2009-2010 | 49.7 | 31.4 |
| IMPORTS | ||
| 2009-10 | 26164 | 258746 |
| 2010-11 | 31701 | 305299 |
| %Growth2010-11/ 2009-2010 | 21.2 | 18.0 |
| TRADE BALANCE | ||
| 2009-2010 | -10406 | -100249 |
| 2010-11 | -8104 | -97069 |
| EXPORTS & IMPORTS : (Rs. Crore) | ||
| (PROVISIONAL) | FEBRUARY | APRIL-FEBRUARY |
| EXPORTS(including re-exports) | ||
| 2009-10 | 73002 | 753384 |
| 2010-11 | 107215 | 949278 |
| %Growth2010-11/ 2009-2010 | 46.9 | 26.0 |
| IMPORTS | ||
| 2009-10 | 121212 | 1228944 |
| 2010-11 | 144037 | 1392178 |
| %Growth2010-11/ 2009-2010 | 18.8 | 13.3 |
| TRADE BALANCE | ||
| 2009-2010 | -48210 | -475560 |
| 2010-11 | -36822 | -442900 |
Related posts:
- Export in Dollar Terms Grows 26.50 Percent in November 2010
- Summary of Foreign Trade Policy 2009-14: It exemption U/s. 10(A0 and 10(B) extended till march 2011
- Budget Session 2011 commenced on 21st February 2011, Budget will be presented on 28th February 2011
- Trade defence measures available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries
- Net Direct Tax Collections during April-February-2011 Increase to Rs. 3,36,177 Crore, up by 20.75 Percent