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Previous Date

 
Ministry of Commerce & Industry05-December, 2012 16:10 IST
Increase in Trade Deficit

 

In the by-gone months of the year 2012, there is fall in trade deficit from Feb 2012 to April-2012, rise in May 2012, fall in June 2012 and since then it is rising till October 2012. The month wise value of Exports, Imports and Trade Deficit are as below:

                                                                                               Value in US $ Billions

 

January-2012

Febuary-2012

March 2012

April-2012

May-2012

June-2012

July-2012

August-2012

September-2012

October-2012

Export (A)

25.4

25.2

28.8

24.5

25.7

25.1

22.4

22.3

23.7

23.2

Import (B)

43.0

40.1

42.4

37.9

41.9

35.4

37.9

38.0

41.8

44.2

Trade Deficit (A)-(B)

-17.6

-14.9

-13.6

-13.4

-16.2

-10.3

-15.5

-15.7

-18.1

-21.0

     Source: DGCI&S, Kolkata                                                                                    

 

The Current Account deficit in 2011-12 at US$ 78.2 billion was 4.2 per cent of GDP as compared with US$ 45.9 billion forming 2.7 per cent of GDP in 2010-11.

 

This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today.

 

******

DS

 


(Release ID :89967)

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