Export Grows 33.2% in April-November at US $ 192.7 Billion: Commerce Secretary

Press Information Bureau

Government of India

Ministry of Commerce & Industry

09-December-2011 16:09 IST

India’s export for the month of November 2011 is 22.3 billion US $. Imports for the same period are 35.9 billion US $. Balance of trade for the month of November is( -) 13.6 billion US $. April- November 2011 cumulative exports are 192.7 billion US $, registering the growth of 33.2%. Cumulative imports for the same period is 309.5 billion US $, registering the growth of 30.2%. Balance of trade for the April- November 2011 is (-) 116.8 billion US $.

During April-November 2011, the following sectors have done well viz., petroleum & oil products exports 39.5 billion US $ registering the growth of 62.3%; .engineering, (US $ 40.7 billion) which registered the growth of 22.3% % over the last year. Cotton fabs made ups, 13.7% (US $ 4.4 billion); electronics, 17% (US $ 5.83 billion); readymade garments 28% (US $ 8.4 billion). Basic Chemicals registered the growth of 34% (US $ 6.7 billion), Drugs 21% (US $ 7.9 billion). Gems & Jewellery 56.5% (US $ 30.1 billion).

As regards to imports during April-November 2011, the growth estimates on the following sectors are: POL, 42.7%% (US $ 94.1 billion); Gold and silver 56% (US $ 41.4 billion); machinery, 27% (US $ 22.8 billion), electronics, 21% (US $ 22.3 billion). Vegetable oil, 55% (US $ 6.7 billion); Iron & steel 8% (US $ 7.7 billion); Fertilizer 17% 6.6 billion); Coal 61% at (US $ 11.3 billion); Organic & inorganic chemicals 23% at (US $ 12.5 billion); Ores and scraps US $ 8.7 billion registering the growth of 41%.

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DS/gk