image

India™s Foreign Trade: July, 2013

EXPORTS (including re-exports)

Exports during July, 2013 were valued at US $ 25834.46 million (Rs. 154426.51 crore) which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million (Rs. 128417.33 crore) during July, 2012. Cumulative value of exports for the period April-July 2013 -14 was US $ 98290.13  million (Rs. 559531.29 crore) as against US $ 96632.20 million (Rs. 526301.34 crore) registering a growth of 1.72 per cent in Dollar terms and growth of 6.31 per cent in Rupee terms over the same period last year.

IMPORTS

Imports during July, 2013 were valued at US $ 38102.56 million (Rs.227759.60 crore) representing a negative growth of 6.20 per cent in Dollar terms and growth of 1.04 per cent in Rupee terms  over the level of imports valued at US $ 40619.45 million (Rs. 225416.80 crore) in July, 2012. Cumulative value of imports for the period April-July, 2013-14 was US $ 160738.29 million (Rs. 911927.33 crore) as against US $ 156327.95 million (Rs. 851289.60 crore) registering a growth of 2.82 per cent in Dollar terms and growth of 7.12 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during July, 2013 were valued at US $ 12709.4 million which was 8.02  per cent lower than oil imports valued at US $  13816.9 million in the corresponding period last year. Oil imports during April-July, 2013-14 were valued at US $ 54584.3 million which was 2.65 per cent higher than the oil imports of US $ 53174.3 million in the corresponding period last year.

Non-oil imports during July, 2013 were estimated at US $ 25393.2 million which was 5.26 per cent lower than non-oil imports of US $ 26802.6 million in July, 2012. Non-oil imports during April-July, 2013-14 were valued at US $ 106154.0 million which was 2.9 per cent higher than the level of such imports valued at US $ 103153.6 million in April-July, 2012-13.

TRADE BALANCE

The trade deficit for April-July, 2013-14 was estimated at US $ 62448.16 million which was higher than the deficit of US $ 59695.75 million during April-July, 2012-13.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)    
 

JULY

APRIL-JULY

EXPORTS(including re-exports)    
2012-13

23140.43

96632.20

2013-14

25834.46

98290.13

%Growth2013-14/ 2012-2013

11.64

1.72

IMPORTS

 

 

2012-13

40619.45

156327.95

2013-14

38102.56

160738.29

%Growth2013-14/ 2012-2013

-6.20

2.82

TRADE BALANCE

 

 

2012-13

-17479.02

-59695.75

2013-14

-12268.10

-62448.16

 

 

 

EXPORTS & IMPORTS  : (Rs. Crore)
     
(PROVISIONAL)

JULY

APRIL-JULY

 

 

 

EXPORTS(including re-exports)  

 

2012-13

128417.33

526301.34

2013-14

154426.51

559531.29

%Growth2013-14/ 2012-2013

20.25

6.31

IMPORTS

 

 

2012-13

225416.80

851289.60

2013-14

227759.60

911927.33

%Growth2013-14/ 2012-2013

1.04

7.12

TRADE BALANCE

 

 

2012-13

-96999.47

-324988.26

2013-14

-73333.09

-352396.04

Tags: Balance of tradeExportJuly 2012July 2013PercentagePetroleumReserve Bank of IndiaRupee

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates