Home News News and Press Release Month 5 2012 2012 (5) This
Press Information Bureau Government of India Ministry of Commerce & Industry
02-May-2012 16:16 IST
Annual Growth of Exports at 26.7 Per Cent
The Strategy paper released by the Department of Commerce on 3rd May, 2011 envisages exports to grow at a compound annual growth rate of 26.7% so as to double India’s merchandise exports over the year 2011-12 to 2013-14.
The percentage growth rate of exports in US dollar terms for the last three years is as under:
2009-10
2010-11
2011-12 (Provisional)
-3.5
40.5
20.9
Source: DGCI&S
The item and country wise export detail during each of the last three years is available in the DGCI&S publication in CD form namely ‘Monthly Statistics of Foreign Trade of India’, Vol. I (Exports) for March 2010, March 2011 and July 2011(Latest available) respectively. Such CD is regularly sent to Parliament Library by DGCI&S.
This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce, Industry and in written reply to a question in Rajya Sabha today.
DS/GK