Exports up moderately in December
Updated: Jan 10, 2014 03:21:06pm
Cumulative value of exports for the period April-December 2013 -14 was USD 230.33 billion as against USD 217.42 billion registering a growth of 5.94 per cent over the same period last year.
Meanwhile, imports during December, 2013 were USD 36.48 billion representing a negative growth of 15.25 cent terms over the level of imports valued at USD 43.05 billion in December, 2012.
Cumulative value of imports for the period April-December, 2013-14 was USD 340378.21 million as against USD 364242.23 million registering a negative growth of 6.55 per cent over the same period last year.
However, oil imports during December, 2013 were valued at USD 13899.6 million which was 1.1 per cent higher than oil imports valued at USD 13755.6 million in the corresponding period last year. During April-December, 2013-14 oil imports were valued at USD 124958.1 million which was 2.6 per cent higher than the oil imports of USD 121831.8 million in the corresponding period last year.
Non-oil imports during December, 2013 were estimated at USD 22586.7 million which was 22.9 per cent lower than non-oil imports of USD 29295.0 million in December, 2012.
During April-December, 2013-14 non-oil imports were valued were USD 215420.1 million which was 11.1 per cent lower than the level of such imports valued at USD 242410.4 million in April-December, 2012-13.
The trade deficit for April-December, 2013-14 was estimated at USD 110.04 billion which was lower than the deficit of USD 146.82 billion during April-December, 2012-13, it said. (KNN/ST)