India's exports during the fiscal year 2012 registered a growth of 21 percent at $303.7 billion, while imports were $488.6 billion with a growth of around 32 percent and Trade Deficit at $184.9 billion, Commerce Secretary Rahul Khullar said.
With regard to exports, the sectors that witnessed a growth during April 2011-March 2012 were engineering 17 percent ($58.2 billion), petroleum & oil products 39 percent ($ 57.5 billion), Gems & Jewellery 13 percent ($45.9 billion), Drugs and pharmaceuticals 23 percent ($13.1 billion ), leather 23 percent ($4.2 billion), electronics, nine percent ($9 billion), Cotton yarn and fabric made-up 17 percent ($7.2 billion), Readymade garments yarns and fabrics 18 percent ($13.7 billion), Manmade yarns and fabrics 19 percent ($5.1 billion), Marine products 31 percent ($3.4 billion) .
As regards imports, the POL saw a growth of around 47 percent ($155.6 billion), Gold and silver 44.4 percent ($61.5 billion), coal, 80 percent ($17.6 billion), machinery 28 7 percent ($35.4 billion), electronics goods, 23 percent ($32.7 billion), coal 80 percent ($17.6 billion), Iron & Steel 15 percent ($11.9 billion), Vegetable oil 48 5 percent ($9.7 billion), Fertilizer 59 percent ($11 billion), and Gems & Jewellery witnessed a negative growth of around 11 percent ($31 billion) . The Commerce Secretary clarified that the figures are only the rough estimates and the final figure is subject to change.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.