| Exports during October this year stood at $9.6 billion, indicating that the growth momentum is being maintained this year. |
| The trade deficit for the first eight months (April to November) in financial year 2006-07 rose by $8.4 billion at $36.04 billion, which is 30 per cent higher than the deficit of $27.64 billion during the same period in 2005. |
| The month of November witnessed a huge trade deficit of $6.2 billion, nearly the same as the previous month. |
| Foreign Direct Investment (FDI) inflows to the country for the month of October has also registered an increase of 312 per cent over the corresponding month last year and stood at $1.7 billion. Over the April to October period, FDI inflows stood at $6.1 billion, an increase of 134 per cent over the corresponding period last year. |
| As per the foreign trade data released by Director General of Commercial Intelligence and Statistics, the cumulative value of merchandise exports in the first eight months (April-November) of financial year 2006-07 increased by 39 per cent at $79.58 billion. |
| The drivers for the export growth came from gems and jewelry, engineering goods, basic chemicals and petroleum products. India's merchandise exports are targeted to reach $ 150 billion by 2008-09 and create 1.36 crore new jobs. |
| The cumulative value of the country's imports in the April November period rose by 36.5 per cent at $115.63 billion over $84.7 billion during April to November 2005. |
| Crude oil imports registered a growth of 40.52 per cent over the April-November period and stood at $39.99 billion. Non-oil imports also registered a growth of 17.03 per cent at $76.63 billion over $65.48 billion in the same period last year. |
| The commerce ministry said that this is indicative of the manufacturing boom, as it mostly comprises inputs for intermediates and capital goods. |
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