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Exports in October rise 21%, imports up 7%

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Our Bureau

New Delhi, Dec. 1

India's exports during October 2010 were valued at $17,960 million (Rs 79,763 crore) which was 21.3 per cent higher in dollar terms than $14,806 million (Rs 69,175 crore) during the corresponding period a year ago.

The cumulative value of exports for the period April-October 2010 was $1,21,394 million (Rs 5,56,162 crore) as against $95,756 million (Rs 4,62,437 crore) registering a growth of 26.8 per cent (in dollar terms)

India's imports during the October period were valued at $27,689 million (Rs 1,22,970 crore) representing a growth of 6.8 per cent (in dollar terms) over $25,936 million ( Rs 1,21,175 crore) in year ago.

Cumulative value of imports for the period April-October 2010 stood at $1,94,167 million (Rs 8,89,827crore) as against $1,54,067 million (Rs 7,43,470 crore) registering a growth of 26.0 per cent.

Oil imports during October 2010 were valued at $8,410 million which was 0.3 per cent higher than oil imports valued at $8,389 million in the corresponding period last year.

Oil imports during April-October, 2010 were valued at $57,125 million, 24.6 per cent higher than the oil imports of $45,865 million in the corresponding period last year.

Non-oil imports were estimated at $19,279 million, 9.9 per cent higher than non-oil imports of $17,547 million a year ago. Non-oil imports during April-October were valued at $1,37,042 million, up 26.7 per cent than the level of such imports valued at $1,08,203 million a year ago.

The trade deficit for April-October, 2010 stood at $72,774 million which was higher than the deficit of $58,311 million during corresponding period a year ago.

Related Stories:
Exports in Sept rise 23% on base effect, higher prices

(This article was published in the Business Line print edition dated December 2, 2010)
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