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Fall in imports and exports during June, 2009. Trade deficit also reduced

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Exports during June, 2009 were valued at US $ 12815 million which was 27.7  per cent lower in dollar terms than the level of US$ 17732 million during June, 2008. Cumulative value of exports for the period April- June, 2009  was US$ 35432 million as against US $ 51545 million registering a  negative growth of 31.3  per cent in Dollar terms and 19.6  per cent in Rupee terms over the same period last year.

Imports during June, 2009 were valued at US $ 18977 million representing a decrease of  29.3  per cent in dollar terms over the level of imports valued at US $ 26855 million in June,2008. Cumulative value of imports for the period April- June 2009 was US$ 50936  million as against US$ 80187 million registering a negative growth of  36.5 per cent in Dollar terms and 25.7 per cent in Rupee terms over the same period last year.

Oil imports during June, 2009 were valued at US $ 4999 million which was 50.6 per cent lower than oil imports valued at US $ 10119 million in the corresponding period last year.   Oil imports during April- June, 2009 were valued at US$ 12767  million which was 56.8 per cent lower than the oil imports of US $ 29542 million in the corresponding period last year.

Non-oil imports during June, 2009 were estimated at US $ 13978 million which was 16.5 per cent lower than non-oil imports of US $ 16736 million in June, 2008. Non-oil imports during April- June, 2009 were valued at US$ 38169 million which was 24.6 per cent lower than the level of such imports valued at US$ 50645 million in April- June, 2008.

The trade deficit for April- June, 2009 was estimated at US $ 15504 million which was lower than the deficit of US $ 28642 million during April-June, 2008.

Source: PIB

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