India’s Exports during March 2013 were valued at 30849.65 million US dollars (167836.31 crore rupees) which was 6.97 per cent higher in Dollar terms (15.65 per cent higher in Rupee terms) than the level of 28839.36 million US dollars (145123.41 crore rupees) during March, 2012. Cumulative value of exports for the period April-March 2012 -13 was 300570.58 million US dollars (Rs 1635261.02 crore) as against 305963.92 million US dollars (1465959.40 crore rupees) registering a  negative growth of 1.76 per cent in Dollar terms and growth of 11.55 per cent in Rupee terms over the same period 2011-12.

Imports during March, 2013 were valued at 41164.71 million US dollars (223954.98 crore rupees) representing a negative growth of 2.87 per cent in Dollar terms and a growth of 5.01 per cent in Rupee terms  over the level of imports valued at 42380.68 million US dollars ( R. 213265.08 crore rupees) in March, 2012. Cumulative value of imports for the period April-March, 2012-13 was  491487.22 million US Dollars (2673113.08 crore rupees) as against 489319.50 million US dollars ( 2345463.25 crore rupees) registering a growth of 0.44 per cent in Dollar terms and growth of 13.97 per cent in Rupee terms over the same period last year.
 
CRUDE OIL AND NON-OIL IMPORTS 
Oil imports during March, 2013 were valued at 13327.1 million US dollars which was 16.56  per cent lower than oil imports valued at  15972.4 million US dollars in the corresponding period last year.  Oil imports during April-March, 2012-13 were valued at 169253.0 million US dollars which was 9.22 per cent higher than the oil imports of 154967.5 million US dollars in the corresponding period last year.
 
Non-oil imports during March, 2013 were estimated at 27837.6 million US dollars which was 5.41 per cent higher than non-oil imports of 26408.3 million US dollars in March, 2012.  Non-oil imports during April - March, 2012-13 were valued at 322234.2 million US dollars which was 3.62 per cent lower than the level of such imports valued at 334352.0 million US dollars in April - March, 2011-12
 
TRADE BALANCE
The trade deficit for April - March, 2012-13 was estimated at 190916.64 million US dollars which was higher than the deficit of 183355.58 million US dollars during April -March, 2011-12.