Cumulative value of imports for the period April-August 2017-18 was USD 1,81,719.50 million (Rs 11,69,589.74 crore) as against USD 1,43,500.87 million (Rs 9,61,178.43 crore) registering a positive growth of 26.63% in Dollar terms and 21.68% in Rupee terms over the same period last year.
Major commodity group of imports showing high growth in August 2017 over the corresponding month of last year are Petroleum, Crude & products (14.22%), Electronic goods (27.44%), Machinery, electrical & non-electrical (18.35%), Gold (68.90%) and Pearls, precious & Semi-precious stones (30.88%).
Oil imports during August 2017 were valued at USD 7,754.75 million which was 14.22% higher than oil imports valued at USD 6,789.47 million in August 2016.
Non-oil imports during August 2017 were estimated at USD 27,708.04 million which was 23.07% higher than non-oil imports of USD 22,513.73 million in August 2016.
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