Exports record 11.2 pc growth

NEW DELHI, APRIL 1: During April-February of 1999-2000, exports touched $ 33.31 billion as against $ 29.98 billion during the correspondin...

NEW DELHI, APRIL 1: During April-February of 1999-2000, exports touched $ 33.31 billion as against $ 29.98 billion during the corresponding period of 1998-99, the monthly trade data released here today said. In rupee terms the exports grew by 14.48 per cent.

Exports in February 2000 was valued at $ 3.09 billion which was 9.74 per cent higher than $ 2.81 billion exported in February last year. In rupee terms the growth was 12.71 per cent.

The trade deficit was higher at $ 8.68 billion dollars April 1999 to February 2000

as compared to $ 8.17 billion in the corresponding period of the previous year.

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Imports during the 11 months of the last fiscal year were estimated at $42 billion which were 10.07 per cent higher than $ 38.15 billion during the same period in the previous year.

The imports in February this year were valued at $ 3.84billion representing a growth of 21.78 per cent over $ 3.15 billion achieved in February 1999.

Oil imports during April 1999 to February 2000 was put at $ 8.79 billion recording a growth of 66.37 per cent as compared to $ 5.28 billion during the 11 months of the previous year.

Non-oil imports during April-February 1999-2000 was estimated at $ 33.21 billion which was 1.02 per cent higher than $ 32.87 billion registered in the same period of 1998-99.