JOC Staff | Oct 11, 2012 1:29PM EDT
India’s exports fell 10.8 percent year-over-year in September to $23.7 billion, down from $26.6 billion in the same period last year, according to preliminary figures released by the Ministry of Commerce and Industry.
Cumulative exports from April to September (fiscal year 2012-2013) were $143.7 billion, a decrease of 6.8 percent from last year’s $154.1 billion for the same period.
India’s imports rose 5.1 percent year-over-year in September to $41.8 billion, up from $39.8 billion in the same month in 2011. Non-oil imports in September were estimated at $27.7 billion, down 4.5 percent.
Cumulative imports from April to September were valued at $232.9 billion, a 4.4 percent decrease compared with last year’s figure of $243.5 billion.
