INDIA'S FOREIGN TRADE FOR THE YEAR 2001-2002

India’s exports during the financial year (April-March) 2001-2002 are valued at US $ 43998.53 million which is just 0.08% lower than the level of US $ 44035.37 million during April- March, 2000-2001. In rupee terms, the exports were Rs. 210010.93 crore, which is 3.16% higher than the value of exports during April- March, 2000-2001.

Exports during March 2002 are valued at US $ 4342.55 million which is 0.78% higher than the level of US $ 4309.12 million in March 2001. In rupee terms the exports were Rs. 21164.33 crore, which is 5.35% higher than the value of exports during March, 2001.

India’s imports during April-March, 2001-2002 are valued at US $ 50654.01 million representing a growth of 1.08% over the level of imports valued at US $ 50113.25 million in April- March, 2000-2001.

Oil imports during April- March, 2001-2002 are valued at US $ 13669.00 million which is 12.73% lower than oil imports valued at US $ 15663.58 million in the corresponding period last year. Non-oil imports during April- March, 2001-2002 are estimated at US $ 36985.01 million which is 7.36% higher than the level of such imports valued at US $ 34449.67 million in April- March 2000-2001.

Imports during March 2002 are valued at US $ 4301.04 million which is 6.76% lower than the level of US $ 4612.75 million in March, 2001. In Rupee terms the imports decreased by 2.52%.

The trade deficit for April- March, 2001-2002 is estimated at US $ 6655.48 million which is higher than the deficit at US $ 6077.88 million during April- March, 2000-2001.

Tables giving details of exports, imports and trade balance, according to the provisional estimates of Directorate General of Commercial Intelligence & Statistics (DGCI&S), are attached.

	IMPORTS & EXPORTS : (PROVISIONAL)
			(Unadjusted for late returns)
			(US $ Million)
	March	April-March
EXPORTS
_________
2000-2001*	4309.12	44035.37
2001-2002	4342.55	43998.53
%Grw 2001-2002/2000-2001	0.78	-0.08
IMPORTS
_________
2000-2001*	4612.75	50113.25
2001-2002	4301.04	50654.01
%Grw 2001-2002/2000-2001	-6.76	1.08
TRADE BALANCE
_______________
2000-2001	-303.63	-6077.88
2001-2002	41.51	-6655.48
*Final figures as given by DGCI&S
	IMPORTS & EXPORTS : (PROVISIONAL)
		(Unadjusted for late returns)
		(Rs. Crore)
	March	April-March
EXPORTS
_________
2000-2001*	20089.35	203571.01
2001-2002	21164.33	210010.93
%Grw 2001-2002/2000-2001	5.35	3.16
IMPORTS
_________
2000-2001*	21504.88	230872.76
2001-2002	20962.04	241478.16
%Grw 2001-2002/2000-2001	-2.52	4.59
TRADE BALANCE
_______________
2000-2001	-1415.53	-27301.75
2001-2002	202.29	-31467.23
*Final figures as given by DGCI&S