India's exports rose 12.4% in May over the previous year — the sharpest rise in 6 months — helped by a weaker rupee, government data showed on Wednesday.
Exports during May, 2014 were valued at US $ 27998.50 million (Rs.166045.09 crore) which was 12.40 per cent higher in Dollar terms (21.17 per cent higher in Rupee terms) than the level of US $ 24910.59 million (Rs. 137035.13 crore) during May, 2013. Cumulative value of exports for the period April-May 2014-15 was US $ 53632.58 million (Rs 320763.69 crore) as against US $ 49264.36 million (Rs 269460.46 crore) registering a growth of 8.87 per cent in Dollar terms and growth of 19.04 per cent in Rupee terms over the same period last year.
Imports during May, 2014 were valued at US $ 39233.24 million (Rs.232672.72 crore) representing a negative growth of 11.41 per cent in Dollar terms and negative growth of 4.49 per cent in Rupee terms over the level of imports valued at US $ 44284.54 million (Rs. 243612.77 crore) in May, 2013. Cumulative value of imports for the period April-May 2014-15 was US $ 74953.27 million (Rs 448266.65 crore) as against US $ 86310.41 million (Rs 472131.36 crore) registering a negative growth of 13.16 per cent in Dollar terms and negative growth of 5.05 per cent in Rupee terms over the same period last year.
Exports during May, 2014 were valued at US $ 27998.50 million (Rs.166045.09 crore) which was 12.40 per cent higher in Dollar terms (21.17 per cent higher in Rupee terms) than the level of US $ 24910.59 million (Rs. 137035.13 crore) during May, 2013. Cumulative value of exports for the period April-May 2014-15 was US $ 53632.58 million (Rs 320763.69 crore) as against US $ 49264.36 million (Rs 269460.46 crore) registering a growth of 8.87 per cent in Dollar terms and growth of 19.04 per cent in Rupee terms over the same period last year.
Imports during May, 2014 were valued at US $ 39233.24 million (Rs.232672.72 crore) representing a negative growth of 11.41 per cent in Dollar terms and negative growth of 4.49 per cent in Rupee terms over the level of imports valued at US $ 44284.54 million (Rs. 243612.77 crore) in May, 2013. Cumulative value of imports for the period April-May 2014-15 was US $ 74953.27 million (Rs 448266.65 crore) as against US $ 86310.41 million (Rs 472131.36 crore) registering a negative growth of 13.16 per cent in Dollar terms and negative growth of 5.05 per cent in Rupee terms over the same period last year.
