India’s Foreign Trade data: July, 2009

India’s exports during July, 2009 were valued at US $ 13623 million (Rs 66041 crore) which was 28.4 per cent lower in dollar terms (minus 19.0 per cent in Rupee terms) than the level of US$ 19036 million (Rs. 81548 crore) during July, 2008. Cumulative value of exports for the period April- July, 2009 was US $ 49651 million (Rs. 241735 crore) as against US $ 75289 million (Rs. 315978 crore) registering a negative growth of 34.1 per cent in Dollar terms and 23.5 per cent in Rupee terms over the same period last year.

India’s imports during July, 2009 were valued at US $ 19621 million (Rs. 95118crore) representing a decrease of 37.1 per cent in dollar terms (minus 28.8 per cent in Rupee terms) over the level of imports valued at US $ 31189 million ( Rs. 133609 crore) in July,2008. Cumulative value of imports for the period April- July 2009 was US$ 78564 million (Rs. 382422 crore) as against US$ 116382 million (Rs. 488668 crore) registering a negative growth of 32.5 per cent in Dollar terms and 21.7 per cent in Rupee terms over the same period last year.

Oil imports during July, 2009 were valued at US $ 5638 million which was 55.5 per cent lower than oil imports valued at US $ 12675 million in the corresponding period last year. Oil imports during April- July, 2009 were valued at US$ 21964 million which was 48.0 per cent lower than the oil imports of US $ 42217 million in the corresponding period of last year.

Non-oil imports during July, 2009 were estimated at US $ 13983 million which was 24.5 per cent lower than non-oil imports of US $ 18514 million in July, 2008. Non-oil imports during April- July, 2009 were valued at US$ 56600 million which was 23.7 per cent lower than the level of such imports valued at US$ 74165 million in April- July, 2008.

The trade deficit for April-July, 2009 was estimated at US $ 28913 million which was lower than the deficit of US $ 41093 million during April-July, 2008