India’s Foreign Trade: February, 2011

Press Information Bureau
Government of India
Ministry of Commerce & Industry

01-April-2011 12:14 IST

India’s Foreign Trade: February, 2011

A. EXPORTS (including re-exports)

Exports during February, 2011 were valued at US $ 23597 million (Rs. 107215 crore) which was 49.7 per cent higher in Dollar terms (46.9 per cent higher in Rupee terms) than the level of US $ 15758 million (Rs. 73002 crore) during February, 2010. Cumulative value of exports for the period April-February 2010 -11 was US $ 208229  million (Rs 949278 crore) as against US $ 158497 million (Rs. 753384 crore) registering a  growth of 31.4 per cent in Dollar terms and 26.0 per cent in Rupee terms over the same period last year.

B. IMPORTS

Imports during February, 2011 were valued at US $ 31701 million (Rs.144037 crore) representing a growth of 21.2 per cent in Dollar terms (18.8 per cent in Rupee terms)  over the level of imports valued at US $ 26164 million ( Rs. 121212 crore) in February, 2010. Cumulative value of imports for the period April-February, 2010-11 was US $ 305299 million (Rs. 1392178 crore) as against US $ 258746 million (Rs. 1228944 crore) registering a growth of 18.0 per cent in Dollar terms and 13.3 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:          

Oil imports during February, 2011 were valued at US $ 8219 million which was 0.3  per cent lower than oil imports valued at US $  8240 million in the corresponding period last year.   Oil imports during April-February, 2010-11 were valued at US$ 88176 million which was 12.4 per cent higher than the oil imports of US $ 78415 million in the corresponding period last year.

Non-oil imports during February, 2011 were estimated at US $ 23482 million which was 31.0 per cent higher than non-oil imports of US $ 17924 million in February,2010.   Non-oil imports during April - February, 2010-11 were valued at US$ 217123 million which was 20.4 per cent higher than the level of such imports valued at US$ 180332 million in April - February, 2009-10.

D. TRADE BALANCE

The trade deficit for April - February, 2010-11 was estimated at US $ 97069 million which was lower than the deficit of US $ 100249 million during April -February, 2009-10. 

DS/GK