Cumulative value of India's exports for April-March, 2007
02 May '07
2 min read
The cumulative value of India's exports for the period April-March, 2007 was US $ 124629.48 million ($ 124.6 billion) or Rs.563800.06 Crore as against US $ 100606.92 million ($ 100.6 billion) or Rs.445657.97 Crore during the same period last year, indicating a growth of 23.88%, according to the provisional data for merchandise exports available from Directorate General of Commercial Intelligence & Statistics (DGCI&S).
Exports during the month of March 2007 were valued at US $ 12583.58 million ($ 12.5 billion) or Rs.55400.45 crore compared with US $ 10906.21 million ($ 10.9 billion) or Rs.48511.93 Crore in March, 2006.
The cumulative value of India's imports during April-March, 2007 was US $ 181368.26 million ($ 181.3 billion) or Rs.820568.13 Crore which was higher than imports at US $ 140237.65 million ($ 140.2 billion) or Rs.620826.68 Crore during April-March, 2006.
Imports during the month of March, 2007 were valued at US $ 16382.94 million (Rs.72127.53 crore) compared with US $ 13811.65 million (Rs.61435.58 Crore) in March, 2006.
Non-oil imports were estimated at US $ 11785.30 million during March, 2007 which was 16.55% higher than growth on non-oil imports of US $ 10111.47 million in March, 2006.
Non-oil imports during April-March, 2007 were valued at US $ 124097.15 million which was 24.74% higher than the level of such imports valued at US $ 99481.88 million in April- March, 2006.
The trade deficit for April-March, 2007 was estimated at US $ 56738.77 million which was higher than the deficit of US $ 39630.72 million during April- March, 2006.