Exports up by 30.9% in April-September 2008

New Delhi, Nov 3 (UNI) India's cumulative value of exports for April-September 2008 was 94,973 million dollar (Rs 4,05,118 crore) as against 72,556 million dollar (Rs 2,96,423 crore), registering a growth of 30.9 per cent in dollar terms and 36.7 per cent in rupee terms over the same period last year.

According to an official release issued here today, the exports during September, 2008 were valued at 13,748 million dollar which was 10.4 per cent higher than the level of 12,455 million Dollar during the same month previoue year. In rupee terms, exports touched Rs 62,641 crore, which was 24.7 per cent higher than the value of exports corresponding month last year.

India's imports during September, 2008 were valued at 24,380 million dollar representing an increase of 43.3 per cent over the level of imports valued at 17,009 million dollar in September, 2007.

In Rupee terms, imports increased by 61.9 per cent. Cumulative value of imports for the period April- September, 2008 was 154,744 million Dollar (Rs 6,61,208 crore) as against 111,654 million Dollar (Rs 4,56,407 crore) registering a growth of 38.6 per cent in dollar terms and 44.9 per cent in rupee terms over the same period last year.

Oil imports during September, 2008 were valued at 9,096 million Dollar, which was 57.1 per cent higher than oil imports valued at 5,792 million dollar in the corresponding period last year.

Oil imports during April-September, 2008 were valued at 55,063 million Dollar which was 59.2 per cent higher than the oil imports of 34,590 million dollar in the corresponding period last year.

Non-oil imports during September, 2008 were estimated at 15284 million dollar, which was 36.2 per cent higher than non-oil imports of 11,218 million dollar in September, 2007. Non-oil imports during April- September, 2008 were valued at 99,681 million dollar, which was 29.3 per cent higher than the level of such imports valued at 77064 million dollar in April- September, 2007.

The trade deficit for April- September, 2008 was estimated at 59,771 million dollar which was higher than the deficit at 39098 million dollar during April- September, 2007.

UNI/BKS MP RN1545