June Exports fell by 27.7% in dollar value and 19.4% in rupee value

The provisional figures released by the government for the quarter of April-June 2009 and the month of June 2009 indicate a year on year decline.

Exports during June, 2009 were valued at US $ 12815 million (Rs. 61217 crore) which was 27.7 per cent lower in dollar terms (minus 19.4 per cent in Rupee terms) than the level of US$ 17732 million (Rs. 75930 crore) during June, 2008. Cumulative value of exports for the period April- June, 2009 was US$ 35432 million (Rs. 172762 crore) as against US $ 51545 million (Rs. 214808 crore) registering a negative growth of 31.3 per cent in Dollar terms and 19.6 per cent in Rupee terms over the same period last year.

Dept. of Commerce

There was a decrease in the trade balance which was at Rs. 29440 crores compared to 39065 crores for the same period last year.