image

India™s Foreign Trade Report – May, 2013

EXPORTS (including re-exports)

Exports during May, 2013 were valued at US $ 24505.66 million (Rs. 134807.62 crore) which was 1.11 per cent lower in Dollar terms (0.13 per cent lower in Rupee terms) than the level of US $ 24779.72 million (Rs. 134983.82 crore) during May, 2012. Cumulative value of exports for the period April-May 2013 -14 was US $ 48670.03  million (Rs. 266203.05 crore) as against US $ 48568.66 million (Rs. 258239.33 crore) registering a growth of 0.21 per cent in Dollar terms and growth of 3.08 per cent in Rupee terms over the same period last year.

IMPORTS

Imports during May, 2013 were valued at US $ 44649.26 million (Rs.245619.14 crore) representing a growth of 6.99 per cent in Dollar terms and 8.04 per cent in Rupee terms  over the level of imports valued at US $ 41733.45 million ( Rs. 227336.72 crore) in May, 2012. Cumulative value of imports for the period April-May, 2013-14 was US $ 86600.99 million (Rs. 473734.59 crore) as against US $ 79540.94 million (Rs. 423225.26 crore) registering a growth of 8.88 per cent in Dollar terms and growth of 11.93 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during May, 2013 were valued at US $ 15022.3 million which was 3.05  per cent higher than oil imports valued at US $  14578.3 million in the corresponding period last year.  Oil imports during April-May, 2013-14 were valued at US $ 29107.3 million which was 3.47 per cent higher than the oil imports of US $ 28131.8 million in the corresponding period last year.

Non-oil imports during May, 2013 were estimated at US $ 29627.0 million which was 9.10 per cent higher than non-oil imports of US $ 27155.2 million in May, 2012. Non-oil imports during April – May, 2013-14 were valued at US $ 57493.7 million which was 11.84 per cent higher than the level of such imports valued at US $ 51409.2 million in April – May, 2012-13

TRADE BALANCE

The trade deficit for April – May, 2013-14 was estimated at US $ 37930.96 million which was higher than the deficit of US $ 30972.28 million during April – May, 2012-13.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
  MAY APRIL-MAY
EXPORTS(including re-exports)    
2012-13 24779.72 48568.66
2013-14 24505.66 48670.03
%Growth2013-14/ 2012-2013 -1.11 0.21
IMPORTS    
2012-13 41733.45 79540.94
2013-14 44649.26 86600.99
%Growth2013-14/ 2012-2013 6.99 8.88
TRADE BALANCE    
2012-13 -16953.73 -30972.28
2013-14 -20143.60 -37930.96
     
EXPORTS & IMPORTS  : (Rs. Crore)
     
(PROVISIONAL) MAY APRIL-MAY
     
EXPORTS(including re-exports)  
2012-13 134983.82 258239.33
2013-14 134807.62 266203.05
%Growth2013-14/ 2012-2013 -0.13 3.08
IMPORTS    
2012-13 227336.72 423225.26
2013-14 245619.14 473734.59
%Growth2013-14/ 2012-2013 8.04 11.93
TRADE BALANCE    
2012-13 -92352.90 -164985.93
2013-14 -110811.52 -207531.54
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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates