Export Stood at US $ 25.68 Billion in May 2012.

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..... Export Stood at US $ 25.68 Billion in May 2012. - News and Press Release Dated:- 14-6-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 14-June-2012 16:23 IST Export Stood at US $ 25.68 Billion in May 2012 Trade Deficit Contracts in May India s exports for the month of May 2012 registered a decline of (-) 4.16%, at US $ 25.68 billi .....

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..... on compared to May 2011 when it stood at US $ 26.79 billion. During May 2012, the imports were US $ 41.9 billion with a negative growth of (-) 7.36%. Balance of Trade stood at US $ (-) 16.3 billion during the same period. The cumulative figure for the period of April- May 2012 shows Exports at US $ 50.13 billion registering the negative growth of (-0.69%); while imports for the same period stood a .....

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..... t US $ 79.8 billion registering the growth of (-) 2.42%. During May 2012, the following sectors have done well with regard to exports - engineering (US $ 4.86 billion) which registered the growth of (-) 15.67%; (-) POL registering the growth of (-) 26.07% to the tune of US $ 4.07 billion; Gems Jewellery registered (-) 9% to US $ 3.6 billion; Drugs and pharmaceuticals 10.55% (US $ 1.09 billion) .....

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..... ; Readymade garments (-) 15.82% (US $ 1.03 billion) As regards to imports during May 2012, the growth estimates on the following sectors are: POL, 14.02% (US $ 14.9 billion); Gold and silver (-) 52% (US $ 4.3 billion); machinery, (-) 8% , vegetable oil 54% (US $ 1.08 billion); Organic inorganic Chemicals registered the growth 2.74%. Electricals equipments registered the negative growth of (-) .....

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..... 21%. The trade figures were released by the department of commerce in a media interaction today. Figures for the month of May 2012 are provisional and subject to change. ***** DS - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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