Date:12/04/2006 URL: http://www.thehindubusinessline.com/2006/04/12/stories/2006041204020900.htm

Back Merchandise exports rise 24.71 pc

Ashwini Phadnis

New Delhi , April 11

The country's merchandise exports rose more than 24.71 per cent in dollar terms at $100.6 billion during April-March 2005-06 against the same period during the previous year.

During March this year, exports were up more than 20.6 per cent at $10.90 billion against the same period in the previous year.

The imports, during April-March 2005-06, were valued at $140.23 billion, which is 31.52 per cent higher than imports valued at $106.63 billion during April-March 2004-05.

Oil imports

Oil imports during April-March 2005-06 were valued at $43.84 billion which is 46.84 per cent higher than oil imports valued at $29.85 billion in the corresponding period last year.

Non-oil imports are estimated at $96.39 billion which is 25.56 per cent higher than the level of imports valued at $76.77 billion during April-March 2004-05.

The trade deficit for April-March 2005-06, is estimated at $39.63 billion against $25.95 billion.