Exports up 18 per cent to USD 66 billion in Apr-Dec
NEW DELHI: A recovery by the textiles, engineering and petroleum products sectors have pushed the country’s exports by 18% to $66.43 billion during the first nine months (April-Dec) of the current financial year.
Imports were up 27.3% to $96.26 billion.
Imports in April-December 2005 were on a higher side, mainly on account of high international price of crude, which resulted in a 45.43% jump in India’s oil import bill to $31.12 billion. Non-oil imports rose 20.13% to $65.14 billion during April-December 2005.
SOURCE:THE TIMES OF INDIA
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