By Assam News on February 1, 2010 at 2:04 am
The Ministry of Commerce & Industry, India has released the country’s foreign trade data for December 2009. India’s exports during December, 2009 were valued at US $14606 million (Rs. 68107 crore) which was 9.3 per cent higher in dollar terms (4.8 per cent in Rupee terms) than the level of US $ 13368 million (Rs. 65015 crore) during December, 2008. Cumulative value of exports for the period April- December, 2009 was US $ 117587 million (Rs 563304 crore) as against US $ 147569 million (Rs. 652919 crore) registering a negative growth of 20.3 per cent in Dollar terms and 13.7 per cent in Rupee terms over the same period last year.
On the other hand, India’s imports during December, 2009 were valued at US $ 24753 million (Rs.115420 crore) representing a growth of 27 per cent in dollar terms (22 per cent in Rupee terms) over the level of imports valued at US $ 19456 million ( Rs. 94625 crore) in December, 2008. Cumulative value of imports for the period April- December 2009 was US $ 193829 million (Rs. 927969 crore) as against US $ 253809 million (Rs. 1126199 crore) registering a negative growth of 23.6 per cent in Dollar terms and 17.6 per cent in Rupee terms over the same period last year.
Oil imports of India during December, 2009 were valued at US $ 6536 million which was 42.8 per cent higher than oil imports valued at US $ 4578 million in the corresponding period last year. Oil imports during April- December, 2009 were valued at US$ 56918 million which was 29.8 per cent lower than the oil imports of US $ 81101 million in the corresponding period last year.
Non-oil imports during December, 2009 were estimated at US $ 18217 million which was 22.4 per cent higher than non-oil imports of US $ 14879 million in December, 2008. Non-oil imports during April- December, 2009 were valued at US$136911 million which was 20.7 per cent lower than the level of such imports valued at US$ 172708 million in April- December, 2008.
The trade deficit for April- December, 2009 was estimated at US $ 76242 million which was lower than the deficit of US $ 106240 million during April-December, 2008.
Category: News |
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