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India™s Foreign Trade – Report for March, 2013

EXPORTS (including re-exports)

Exports during March, 2013 were valued at US $ 30849.65 million (Rs. 167836.31 crore) which was 6.97 per cent higher in Dollar terms (15.65 per cent higher in Rupee terms) than the level of US $ 28839.36 million

 (Rs. 145123.41 crore) during March, 2012. Cumulative value of exports for the period April-March 2012 -13 was US $ 300570.58  million (Rs 1635261.02 crore) as against US $ 305963.92 million (Rs 1465959.40 crore) registering a  negative growth of 1.76 per cent in Dollar terms and growth of 11.55 per cent in Rupee terms over the same period last year.

IMPORTS

Imports during March, 2013 were valued at US $ 41164.71 million (Rs.223954.98 crore) representing a negative growth of 2.87 per cent in Dollar terms and a growth of 5.01 per cent in Rupee terms  over the level

of imports valued at US $ 42380.68 million ( Rs. 213265.08 crore) in March, 2012. Cumulative value of imports for the period April-March, 2012-13 was US $ 491487.22 million (Rs. 2673113.08 crore) as against US $ 489319.50 million (Rs. 2345463.25 crore) registering a growth of 0.44 per cent in Dollar terms and growth of 13.97 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during March, 2013 were valued at US $ 13327.1 million which was 16.56  per cent lower than oil imports valued at US $  15972.4 million in the corresponding period last year.  Oil imports during April-March, 2012-13 were valued at US $ 169253.0 million which was 9.22 per cent higher than the oil imports of US $ 154967.5 million in the corresponding period last year.

Non-oil imports during March, 2013 were estimated at US $ 27837.6 million which was 5.41 per cent higher than non-oil imports of US $ 26408.3 million in March, 2012.  Non-oil imports during April – March, 2012-13 were valued at US $ 322234.2 million which was 3.62 per cent lower than the level of such imports valued at US $ 334352.0 million in April – March, 2011-12

TRADE BALANCE

The trade deficit for April – March, 2012-13 was estimated at US $ 190916.64 million which was higher than the deficit of US $ 183355.58 million during April -March, 2011-12.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
  MARCH APRIL-MARCH
EXPORTS(including re-exports)    
2011-12 28839.36 305963.92
2012-13 30849.65 300570.58
%Growth2012-13/ 2011-2012 6.97 -1.76
IMPORTS    
2011-12 42380.68 489319.50
2012-13 41164.71 491487.22
%Growth2012-13/ 2011-2012 -2.87 0.44
TRADE BALANCE    
2011-12 -13541.32 -183355.58
2012-13 -10315.06 -190916.64
     
EXPORTS & IMPORTS  : (Rs. Crore)
     
(PROVISIONAL) MARCH APRIL-MARCH
     
EXPORTS(including re-exports)  
2011-12 145123.41 1465959.40
2012-13 167836.31 1635261.02
%Growth2012-13/ 2011-2012 15.65 11.55
IMPORTS    
2011-12 213265.08 2345463.25
2012-13 223954.98 2673113.08
%Growth2012-13/ 2011-2012 5.01 13.97
TRADE BALANCE    
2011-12 -68141.67 -879503.85
2012-13 -56118.67 -1037852.06

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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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