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India™s Foreign Trade report for August, 2013

EXPORTS (including re-exports)

Exports during August, 2013 were valued at US $ 26135.94 million (Rs. 165202.15 crore) which was 12.97 per cent higher in Dollar terms (28.53 per cent higher in Rupee terms) than the level of US $ 23134.47 million (Rs. 128534.68 crore) during August, 2012. Cumulative value of exports for the period April-August 2013 -14 was US $ 124426.07  million (Rs724733.44 crore) as against US $ 119771.91 million (Rs. 654859.77 crore) registering a growth of 3.89 per cent in Dollar terms and growth of 10.67 per cent in Rupee terms over the same period last year.

IMPORTS

Imports during August, 2013 were valued at US $ 37053.85 million (Rs.234212.93 crore) representing a negative growth of 0.68 per cent in Dollar terms and growth of 12.99 per cent in Rupee terms  over the level of imports valued at US $ 37307.27 million (Rs. 207278.42 crore) in August, 2012. Cumulative value of imports for the period April-August, 2013-14 was US $ 197792.14 million (Rs. 1146140.26 crore) as against US $ 194442.45 million (Rs. 1062866.95 crore) registering a growth of 1.72 per cent in Dollar terms and growth of 7.83 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:                 

Oil imports during August, 2013 were valued at US $ 15095.3 million which was 17.88  per cent higher than oil imports valued at US $  12805.7 million in the corresponding period last year. Oil imports during April-August, 2013-14 were valued at US $ 69679.6 million which was 5.60 per cent higher than the oil imports of US $ 65982.0 million in the corresponding period last year.

Non-oil imports during August, 2013 were estimated at US $ 21958.6 million which was 10.4 per cent lower than non-oil imports of US $ 24501.6 million in August, 2012. Non-oil imports during April-August, 2013-14 were valued at US $ 128112.5 million which was 0.3 per cent lower than the level of such imports valued at US $ 128460.5 million in April-August, 2012-13.

TRADE BALANCE

The trade deficit for April-August, 2013-14 was estimated at US $ 73366.07 million which was lower than the deficit of US $ 74670.54 million during April-August, 2012-13.

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

AUGUST

APRIL-AUGUST

EXPORTS(including re-exports)    
2012-13

23134.47

119771.91

2013-14

26135.94

124426.07

%Growth2013-14/ 2012-2013

12.97

3.89

IMPORTS

 

 

2012-13

37307.27

194442.45

2013-14

37053.85

197792.14

%Growth2013-14/ 2012-2013

-0.68

1.72

TRADE BALANCE

 

 

2012-13

-14172.80

-74670.54

2013-14

-10917.91

-73366.07

 

 

 

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

AUGUST

APRIL-AUGUST

 

 

 

EXPORTS(including re-exports)

 

2012-13

128534.68

654859.77

2013-14

165202.15

724733.44

%Growth2013-14/ 2012-2013

28.53

10.67

IMPORTS

 

 

2012-13

207278.42

1062866.95

2013-14

234212.93

1146140.26

%Growth2013-14/ 2012-2013

12.99

7.83

TRADE BALANCE

 

 

2012-13

-78743.74

-408007.18

2013-14

-69010.78

-421406.82

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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.

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