India's trade deficit narrowed to $10.9 billion in August
The Indian government released its monthly trade data for September today. The September trade deficit stood at $6.7 billion compared to 10.9 billion in August.
The September trade deficit is the lowest in past 30 months, while the imports for the month of September were lowest since March 2011.
The trade deficit for April-September stood at $80.12 billion.
Exports (including re-exports)
Exports during September, 2013 were valued at US$27679.33mn (Rs. 176461.53 crore) which was 11.15 per cent higher in Dollar terms (29.77 per cent higher in Rupee terms) than the level of US$24902.00mn (Rs. 135978.63 crore) during September, 2012. Cumulative value of exports for the period April-September 2013 -14 was US$152105.40 mn (Rs. 901194.97 crore) as against US$144673.91mn (Rs. 790838.40 crore) registering a growth of 5.14 per cent in Dollar terms and growth of 13.95 per cent in Rupee terms over the same period last year.
Imports
Imports during September, 2013 were valued at US$34439.50mn (Rs.219559.04 crore) representing a negative growth of 18.10 per cent in Dollar terms and a negative growth of 4.38 per cent in Rupee terms over the level of imports valued at US$42051.45mn (Rs. 229624.04 crore) in September, 2012. Cumulative value of imports for the period April-September, 2013-14 was US$232231.64mn (Rs. 1365699.30 crore) as against US$236493.90mn (Rs. 1292490.99 crore) registering a negative growth of 1.80 per cent in Dollar terms and growth of 5.66 per cent in Rupee terms over the same period last year.
Crude Oil and Non-Oil Imports:
Oil imports during September, 2013 were valued at US$13196.5mn which was 5.94 per cent lower than oil imports valued at US$ 14029.5mn in the corresponding period last year. Oil imports during April-September, 2013-14 were valued at US$82876.1mn which was 3.58 per cent higher than the oil imports of US$80011.6mn in the corresponding period last year.
Non-oil imports during September, 2013 were estimated at US$21243.0mn which was 24.19 per cent lower than non-oil imports of US$28022.0mn in September, 2012. Non-oil imports during April-September, 2013-14 were valued at US$149355.5mn which was 4.55 per cent lower than the level of such imports valued at US$156482.3mn in April-September, 2012-13.
Trade Balance
The trade deficit for April-September, 2013-14 was estimated at US$80126.24mn which was lower than the deficit of US$91819.99mn during April-September, 2012-13.
Exports & Imports : (US$ Million)
(PROVISIONAL)
SEPTEMBER APRIL-SEPTEMBER
EXPORTS(including re-exports)
2012-13 24902.00 144673.91
2013-14 27679.33 152105.40
%Growth2013-14/ 2012-2013 11.15 5.14
IMPORTS
2012-13 42051.45 236493.90
2013-14 34439.50 232231.64
%Growth2013-14/ 2012-2013 -18.10 -1.80
TRADE BALANCE
2012-13 -17149.45 -91819.99
2013-14 -6760.17 -80126.24
EXPORTS & IMPORTS : (Rs. Crore)
(PROVISIONAL) SEPTEMBER APRIL-SEPTEMBER
EXPORTS(including re-exports)
2012-13 135978.63 790838.40
2013-14 176461.53 901194.97
% Growth 2013-14/ 2012-2013 29.77 13.95
IMPORTS
2012-13 229624.04 1292490.99
2013-14 219559.04 1365699.30
% Growth 2013-14/ 2012-2013 -4.38 5.66
TRADE BALANCE
2012-13 -93645.41 -501652.59
2013-14 -43097.51 -464504.33
The Indian government released its monthly trade data for September today. The September trade deficit stood at $6.7 billion compared to 10.9 billion in August.
The September trade deficit is the lowest in past 30 months, while the imports for the month of September were lowest since March 2011.
The trade deficit for April-September stood at $80.12 billion.
Exports (including re-exports)
Exports during September, 2013 were valued at US$27679.33mn (Rs. 176461.53 crore) which was 11.15 per cent higher in Dollar terms (29.77 per cent higher in Rupee terms) than the level of US$24902.00mn (Rs. 135978.63 crore) during September, 2012. Cumulative value of exports for the period April-September 2013 -14 was US$152105.40 mn (Rs. 901194.97 crore) as against US$144673.91mn (Rs. 790838.40 crore) registering a growth of 5.14 per cent in Dollar terms and growth of 13.95 per cent in Rupee terms over the same period last year.
Imports
Imports during September, 2013 were valued at US$34439.50mn (Rs.219559.04 crore) representing a negative growth of 18.10 per cent in Dollar terms and a negative growth of 4.38 per cent in Rupee terms over the level of imports valued at US$42051.45mn (Rs. 229624.04 crore) in September, 2012. Cumulative value of imports for the period April-September, 2013-14 was US$232231.64mn (Rs. 1365699.30 crore) as against US$236493.90mn (Rs. 1292490.99 crore) registering a negative growth of 1.80 per cent in Dollar terms and growth of 5.66 per cent in Rupee terms over the same period last year.
Crude Oil and Non-Oil Imports:
Oil imports during September, 2013 were valued at US$13196.5mn which was 5.94 per cent lower than oil imports valued at US$ 14029.5mn in the corresponding period last year. Oil imports during April-September, 2013-14 were valued at US$82876.1mn which was 3.58 per cent higher than the oil imports of US$80011.6mn in the corresponding period last year.
Non-oil imports during September, 2013 were estimated at US$21243.0mn which was 24.19 per cent lower than non-oil imports of US$28022.0mn in September, 2012. Non-oil imports during April-September, 2013-14 were valued at US$149355.5mn which was 4.55 per cent lower than the level of such imports valued at US$156482.3mn in April-September, 2012-13.
Trade Balance
The trade deficit for April-September, 2013-14 was estimated at US$80126.24mn which was lower than the deficit of US$91819.99mn during April-September, 2012-13.
Exports & Imports : (US$ Million)
(PROVISIONAL)
SEPTEMBER APRIL-SEPTEMBER
EXPORTS(including re-exports)
2012-13 24902.00 144673.91
2013-14 27679.33 152105.40
%Growth2013-14/ 2012-2013 11.15 5.14
IMPORTS
2012-13 42051.45 236493.90
2013-14 34439.50 232231.64
%Growth2013-14/ 2012-2013 -18.10 -1.80
TRADE BALANCE
2012-13 -17149.45 -91819.99
2013-14 -6760.17 -80126.24
EXPORTS & IMPORTS : (Rs. Crore)
(PROVISIONAL) SEPTEMBER APRIL-SEPTEMBER
EXPORTS(including re-exports)
2012-13 135978.63 790838.40
2013-14 176461.53 901194.97
% Growth 2013-14/ 2012-2013 29.77 13.95
IMPORTS
2012-13 229624.04 1292490.99
2013-14 219559.04 1365699.30
% Growth 2013-14/ 2012-2013 -4.38 5.66
TRADE BALANCE
2012-13 -93645.41 -501652.59
2013-14 -43097.51 -464504.33
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