Imports during October, 2014 were valued at US $ 39451.53 million (Rs.242003.58 crore) representing a growth of 3.62 per cent in Dollar terms and a growth of 3.16 per cent in Rupee terms over the level of imports valued at US $ 38075.02 million (Rs. 234601.50 crore) in October, 2013. Cumulative value of imports for the period April-October 2014-15 was US $ 273551.51 million (Rs 1651470.41 crore) as against US $ 268554.34 million (Rs 1590363.03 crore) registering a growth of 1.86 per cent in Dollar terms and growth of 3.84 per cent in Rupee terms over the same period last year.
Oil imports during October, 2014 were valued at US $ 12365.2 million which was 19.2 per cent lower than oil imports valued at US $ 15293.6 million in the corresponding period last year. Oil imports during April-October, 2014-15 were valued at US $ 94841.9 million which was 0.5 per cent lower than the oil imports of US $ 95306.0 million in the corresponding period last year.
Non-oil imports during October, 2014 were estimated at US $ 27086.3 million which was 18.9 per cent higher than non-oil imports of US $ 22781.4 million in October, 2013. Non-oil imports during April-October, 2014-15 were valued at US $ 178709.6 million which was 3.2 per cent higher than the level of such imports valued at US $ 173248.3 million in April-October, 2013-14.
The trade deficit for April-October, 2014-15 was estimated at US $ 83756.04 million which was lower than the deficit of US $ 87319.36 million during April-October, 2013-14.
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