EXPORTS (including re-exports)

Exports during May, 2012 were valued at US$25681.38mn (Rs. 139895.48 crore) which was 4.16% lower in Dollar terms (16.26% higher in Rupee terms) than the level of US$26796.54mn (Rs. 120328.54 crore) during May, 2011. Cumulative value of exports for the period April-May 2012 -13 was US$50136.76 mn (Rs 266603.94 crore) as against US$50486.91mn (Rs 225442.71 crore) registering a  negative growth of 0.69% in Dollar terms and growth of 18.26% in Rupee terms over the same period last year.

IMPORTS

Imports during May, 2012 were valued at US$41947.14mn (Rs.228500.74 crore) representing a negative growth of 7.36% in Dollar terms (growth of 12.38% in Rupee terms)  over the level of imports valued at US$45281.90mn ( Rs. 203336.09 crore) in May, 2011. Cumulative value of imports for the period April-May, 2012-13 was US$79888.84mn (Rs. 425084.64 crore) as against US$81871.27mn (Rs. 365683.12 crore) registering a negative growth of 2.42% in Dollar terms and growth of 16.24% in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS: 

Oil imports during May, 2012 were valued at US$14987.2mn which was 14.02 % higher than oil imports valued at US$ 13144.0mn in the corresponding period last year. Oil imports during April-May, 2012-13 were valued at US$ 28896.3mn which was 10.51% higher than the oil imports of US$26148.0mn in the corresponding period last year.

Non-oil imports during May, 2012 were estimated at US$26959.9mn which was 16.11% lower than non-oil imports of US$32137.9mn in May, 2011.  Non-oil imports during April - May, 2012-13 were valued at US$ 50992.5mn which was 8.49% lower than the level of such imports valued at US$ 55723.2mn in April - May, 2011-12. 

TRADE BALANCE

The trade deficit for April - May, 2012-13 was estimated at US$29752.08mn which was lower than the deficit of US$31384.36mn during April -May, 2011-12.