Increase in Trade Deficit

Press Information Bureau

Government of India

Ministry of Commerce & Industry

05-December-2012 16:10 IST

In the by-gone months of the year 2012, there is fall in trade deficit from Feb 2012 to April-2012, rise in May 2012, fall in June 2012 and since then it is rising till October 2012. The month wise value of Exports, Imports and Trade Deficit are as below:

Value in US $ Billions

Source: DGCI&S, Kolkata             

The Current Account deficit in 2011-12 at US$ 78.2 billion was 4.2 per cent of GDP as compared with US$ 45.9 billion forming 2.7 per cent of GDP in 2010-11.

This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today.

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