On the other hand, imports during August, 2013 were valued at US $ 37053.85 million (Rs.234212.93 crore) representing a negative growth of 0.68 per cent in Dollar terms and growth of 12.99 per cent in Rupee terms over the level of imports valued at US $ 37307.27 million (Rs. 207278.42 crore) in August, 2012. Cumulative value of imports for the period April-August, 2013-14 was US $ 197792.14 million (Rs. 1146140.26 crore) as against US $ 194442.45 million (Rs. 1062866.95 crore) registering a growth of 1.72 per cent in Dollar terms and growth of 7.83 per cent in Rupee terms over the same period last year.
Oil imports during August, 2013 were valued at US $ 15095.3 million which was 17.88 per cent higher than oil imports valued at US $ 12805.7 million in the corresponding period last year. Oil imports during April-August, 2013-14 were valued at US $ 69679.6 million which was 5.60 per cent higher than the oil imports of US $ 65982.0 million in the corresponding period last year.
Non-oil imports during August, 2013 were estimated at US $ 21958.6 million which was 10.4 per cent lower than non-oil imports of US $ 24501.6 million in August, 2012. Non-oil imports during April-August, 2013-14 were valued at US $ 128112.5 million which was 0.3 per cent lower than the level of such imports valued at US $ 128460.5 million in April-August, 2012-13.
The trade deficit for April-August, 2013-14 was estimated at US $ 73366.07 million which was lower than the deficit of US $ 74670.54 million during April-August, 2012-13.
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