India’s Foreign Trade: February, 2012.

Press Information Bureau
Government of India
Ministry of Commerce & Industry

02-April-2012 10:53 IST

India’s Foreign Trade: February, 2012

  EXPORTS (including re-exports)

            India’s Exports during February, 2012 were valued at US$ 24618.08 million (Rs.121039.96 crore) which was 4.28 per cent higher in Dollar terms (12.84 per cent higher in Rupee terms) than the level of US$ 23608.36 million (Rs. 107266.46) during February, 2011. Cumulative value of exports for the period April-February 2011 -12 was US$ 267409.89  million (Rs. 1274839.70 crore) as against US$ 220241.12 million (Rs.1003784.83 crore) registering a  growth of 21.42 per cent in Dollar terms and 27.00 per cent in Rupee terms over the same period last year.                                                                                                                

 IMPORTS

             India’s Imports during February, 2012 were valued at US$ 39781.68 million (Rs.195595.00 crore) representing a growth of 20.65 per cent in Dollar terms (30.56 per cent in Rupee terms)  over the level of imports valued at US$ 32973.40 million ( Rs. 149817.29 crore) in February, 2011. Cumulative value of imports for the period April-February, 2011-12 was US$ 434159.81 million (Rs.2069642.80 crore) as against US$ 335502.15 million (Rs. 1529295.07 crore) registering a growth of 29.41 per cent in Dollar terms and 35.33 per cent in Rupee terms over the same period last year.

 CRUDE OIL AND NON-OIL IMPORTS:                                 

            Oil imports during February, 2012 were valued at US$ 12659.9 million which was 39.45  per cent higher than oil imports valued at US$  9078.4 million in the corresponding period last year.  Oil imports during April-February, 2011-12 were valued at US$ 132560.4 million which was 41.00 per cent higher than the oil imports of US$ 94011.4 million in the corresponding period last year.

           Non-oil imports during February, 2012 were estimated at US$ 27121.7 million which was 13.50 per cent higher than non-oil imports of US$ 23895.0 million in February, 2011.  Non-oil imports during April - February, 2011-12 were valued at US$ 301599.4 million which was 24.89 per cent higher than the level of such imports valued at US$ 241490.7 million in April - February, 2010-11.                                                                            

TRADE BALANCE

The trade deficit for April-February, 2011-12 was estimated at US$ 166749.92 million which was higher than the deficit of US$ 115261.03 million during April-February, 2010-11.

DS/GK