New
Delhi: Provisional data collated by the Directorate-General
of Commercial Intelligence & Statistics (DGCI&S)
and released by the Department of Commerce has showed
that exports during April-June 2006-07 were valued at
$27,671.93 million, 32.40 per cent higher than the level
of $20,900.31 million during April-June 2005.
Merchandise
exports grew by 40.17 per cent during June 2006 in dollar
terms, and touched 9,967.08 million from $7,110.96 million
during June 2005.
Ministry
officials said quick estimates of selected major commodities
showed a substantial spurt in exports of engineering products,
petroleum products, basic chemicals, electronic goods,
cotton yarn/fabrics/made-ups, spices, coffee, tobacco,
carpets and mica, coal and other minerals, including processed
ones, during June 2006.
The
country''s imports during June 2006 are valued at $13,763.86
million, representing an increase of 23.98 per cent over
the level of imports valued at $11,101.23 million in June
2005. Total imports during April-June 2006 are valued
at $40,281.28 million, which is 24.48 per cent higher
than the level of $32,360.13 million during April-June
2005.
Trade
deficit during the period April-June 2006 is estimated
at $12,609.35 million, which is higher than the deficit
of $11,459.92
million during April-June 2005. If the revised figures
of June 2005 as also during the first quarter of 2005-06
are taken into account, the country''s exports during April-June
2005-06 were $23,676.12 million and imports at $34,214.14
million, leaving a trade deficit of $10,538.02 million.
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