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India’s Foreign Trade: May, 2009

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..... India’s Foreign Trade: May, 2009 - News and Press Release Dated:- 1-7-2009 - News - India's exports during May, 2009 were valued at US $ 11010 million (Rs. 53435 crore) which was 29.2 per cent lower in dollar terms (18.4 per cent in Rupee terms) than the level of US$ 15550 million (Rs.65506 crore) during May,2008. Cumulative value of exports for the period April- May, 2009 was US$ 21753 million .....

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..... (Rs. 107214 crore) as against US $ 31626 million (Rs. 129846 crore) registering a negative growth of 31.2 per cent in Dollar terms and 17.4 per cent in Rupee terms over the same period last year. India's imports during May, 2009 were valued at US $ 16212 million (Rs.78682 crore) representing a decrease of 39.2 per cent in dollar terms (30.0 per cent in Rupee terms) over the level of imports va .....

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..... lued at US $ 26684 million ( Rs. 112405 crore) in May,2008. Cumulative value of imports for the period April- May 2009 was US$ 31959 million (Rs. 157514 crore) as against US$ 51507 million (Rs. 211752 crore) registering a negative growth of 38.0 per cent in Dollar terms and 25.6 per cent in Rupee terms over the same period last year. Oil imports during May, 2009 were valued at US $ 4135 mi .....

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..... llion which was 60.6 per cent lower than oil imports valued at US $ 10495 million in the corresponding period last year. Oil imports during April- May, 2009 were valued at US$ 7768 million which was 59.6 per cent lower than the oil imports of US $ 19244 million in the corresponding period last year. Non-oil imports during May, 2009 were estimated at US $ 12078 million which was 25.4 per cent .....

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..... lower than non-oil imports of US $ 16189 million in May, 2008. Non-oil imports during April- May, 2009 were valued at US$ 24191 million which was 25.0 per cent lower than the level of such imports valued at US$ 32262 million in April- May, 2008. The trade deficit for April- May, 2009 was estimated at US $ 10206 million which was lower than the deficit of US $ 19880 mi .....

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..... llion during April-May, 2008. EXPORTS IMPORTS : (US $ Million) (PROVISIONAL) MAY APRIL-MAY EXPORTS(including re-exports) 2008-2009 15550 31626 2009-2010 11010 21753 %Growth 2009-2010/ 2008-2009 -29.2 -31.2 IMPORTS .....

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..... 2008-2009 26684 51507 2009-2010 16212 31959 %Growth 2009-2010/ 2008-2009 -39.2 -38.0 TRADE BALANCE 2008-2009 -11133 -19880 2009-2010 -5202 -10206 EXPORTS IMPORTS : (Rs. Crore) (PROVISIONAL) MAY APRIL .....

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..... -MAY EXPORTS(including re-exports) 2008-2009 65506 129846 2009-2010 53435 107214 %Growth 2009-2010/ 2008-2009 -18.4 -17.4 IMPORTS 2008-2009 112405 211752 2009-2010 78682 157514 %Growth 2009-2010/ 2008-2009 -30.0 .....

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..... -25.6 TRADE BALANCE 2008-2009 -46899 -81906 2009-2010 -25247 -50300 Figures for 2008-09 are the latest revised whereas figures for 2009-10 are provisional - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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