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22 July, 2017 00:08 IST
India's exports up 8.3% in May; Imports jump 33%
Source: IRIS | 16 Jun, 2017, 10.25AM
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Exports have been exhibiting positive growth for the last eight months. In continuation withgrowth indicated by exports since September 2016, exports during May 2017 have shown growth of 8.32 per cent in dollar terms valued at USD 24014.62 million as compared to USD 22170.62 million during May, 2016. In Rupee terms, during May 2017 exports were valued at Rs 1547.13 billion as compared to Rs 1483.36 billion during May, 2016, registering a positive growth of 4.30 per cent.

Imports during May 2017 were valued at USD 37856.34 million (Rs 2438.88 billion) which was 33.09 per cent higher in Dollar terms and 28.16 per cent higher in Rupee terms over the level of imports valued at USD 28443.52 million (Rs 1903.06 billion) in May, 2016. Cumulative value of imports for the period April-May 2017-18 was USD 75740.62 million (Rs 4882.69 billion) as against USD 53857.24 million (Rs 3592.29 billion) registering a positive growth of 40.63 per cent in Dollar terms and 35.92 per cent in Rupee terms over the same period last year.

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