Export grew at 11.5% in dollar terms
India's exports during January, 2010 were valued at US $14343 million (Rs. 65920 crore) which was 11.5 % higher in dollar terms (4.9% in Rupee terms) than the level of US $ 12869 million (Rs. 62844 crore) during January, 2009. Cumulative value of exports for the period April 2009 to January2010 was US $ 131930 million (Rs 629224 crore) as against US $ 160438 million (Rs. 715764 crore) registering a negative growth of 17.8% in Dollar terms and 12.1 % in Rupee terms over the same period last year.India's imports during January, 2010 were valued at US $ 24705 million (Rs.113545 crore) representing a growth of 35.5% in dollar terms (27.6 % in Rupee terms) over the level of imports valued at US $ 18228 million (Rs 89015 crore) in January, 2009. Cumulative value of imports for the period April, 2009- January, 2010 was US $ 218534 million (Rs. 1041513 crore) as against US $ 272037 million (Rs 1215214 crore) registering a negative growth of 19.7% in Dollar terms and 14.3% in Rupee terms over the same period last year. Oil imports during January, 2010 were valued at US $ 7053 million which was 56.0 % higher than oil imports valued at US $ 4522 million in the corresponding period last year. Oil imports during April, 2009- January, 2010 were valued at US$ 63971 million, which was 25.3% lower than the oil imports of US $ 85623 million in the corresponding period last year. Non-oil imports during January, 2010 were estimated at US $ 17652 million, which was 28.8 % higher than non-oil imports of US $ 13706 million in January, 2009. Non-oil imports during April, 2009- January, 2010 were valued at US$ 154563 million, which was 17.1% lower than the level of such imports valued at US$ 186414 million in April 2008- January, 2009. The trade deficit for April 2009- January, 2010 was estimated at US $ 86604 million, which was lower than the deficit of US $ 111599 million during April 2008 -January, 2009. Powered by Capital Market - Live News
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