India`s cumulative value of exports for the period April- September, 2008 stood at USD 94,973 million (Rs 4,051.18 billion) as against USD 72,556 million (Rs 2,964.23 billion) witnessing a growth of 30.9% in dollar terms and 36.7% in rupee terms over the same period last year.

Exports during September, 2008 were valued at USD 13,748 million which was 10.4% higher than the level of USD 12,455 million during September, 2007.

In rupee terms, exports touched Rs 626.41 billion, which was 24.7% higher than the value of exports during September, 2007.

Whereas, India`s imports during September 2008 were valued at USD 24,380 million representing an increase of 43.3% over the level of imports valued at USD 17,009 million in September 2007. In Rupee terms, imports increased by 61.9%.

Cumulative value of imports for the period April- September, 2008 was USD 154,744 million (Rs 6,612.08 billion) as against USD 111,654 million (Rs 4,564.07 billion) registering a growth of 38.6% in dollar terms and 44.9% in rupee terms over the same period last year.

Meanwhile, oil imports during September, 2008 were valued at USD 9,096 million which was 57.1% higher than oil imports valued at USD 5,792 million in the corresponding period last year.

Oil imports during April-September, 2008 were valued at USD 55,063 million which was 59.2% higher than the oil imports of USD 34,590 million in the corresponding period last year.

Non-oil imports during September, 2008 were estimated at USD 15,284 million which was 36.2% higher than non-oil imports of USD 11,218 million in September, 2007.

Non-oil imports during April- September, 2008 were valued at USD 99,681 million which was 29.3% higher than the level of such imports valued at USD 77,064 million in April- September, 2007.

The trade deficit for April- September, 2008 was estimated at USD 59,771 million which was higher than the deficit at USD 39,098 million during April- September, 2007.