![]() Financial Daily from THE HINDU group of publications Monday, Dec 02, 2002 |
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Exports & Imports Industry & Economy - Exports & Imports Exports up 9.9% in Oct Our Bureau
NEW DELHI, Dec. 1 THE country's exports recorded a 9.92 per cent growth at $4.09 billion in October 2002 as against $3.72 billion during the same month last year. The exports increased by 13.67 per cent at $28.24 billion in April-October 2002 as against $24.842 billion in the same period last year, according to the provisional estimates of Director General of Commercial Intelligence and Statistics. The imports also rose by 32.86 per cent in October this year at $5.44 billion compared to $4.093 billion in the same month year last year. It rose by 12.32 per cent, at $3.38 billion, as against $3.01 billion in the same period last year. Trade deficit was higher at $55.42 billion in April-October 2002 than $52.33 billion during the same period last year. Oil imports also recorded an increase of 18.5 per cent at $10.37 billion during April-October 2002, as against $8.75 billion in the same period last year. The non-oil imports also rose by 9.78 per cent, at $23.42 billion, during the seven-month review period compared to $21.33 billion during April-October 2001. In rupee terms, exports increased by 10.73 per cent at Rs 19,768.88 crore in October 2002 as against Rs 17,853.31 crore in the same month a year ago. Exports rose by 17.21 per cent at Rs 1,37,575.89 crore during April-October 2002 compared to Rs 1,17,372.01 crore in the same period last year. Imports increased by 33.83 per cent in October 2002 to Rs 26,301.51 crore against Rs 19,652.96 crore a year ago in the same month. Imports rose by 15.85 per cent during April-October 2002 to Rs 1,64,530.91 crore against Rs 1,42,020.46 crore in the same period last year. The trade deficit stood at Rs 6,532.63 crore in October 2002 against Rs 1,799.65 crore at the same time last year, while the deficit in April-October 2002 stood at Rs 26,955.02 crore compared to Rs 24,648 crore in the same period last year. The trade deficit stood at $1.35 billion in October 2002 as against $374.77 million in October 2001.
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