India's exports during May 2013 were $24.51 billion, lower by one percent than the $24.78 billion in May 2012, while imports stood at $44.65 billion, up by seven percent from the $41.73 billion in May last year, leaving a trade deficit of $20.14 billion.
Cumulative value of exports for the period April-May 2013-14 was $48.67 billion, flat with last year's $48.57 billion, whereas imports totaled $86.60 billion, an increase of nine percent from the $79.54 billion in the corresponding period last year, leaving a trade deficit of $37.93 billion.
Oil imports during May were valued at $15.02 billion, which was three percent higher than the oil imports valued at $14.58 billion for the same month last year, while non-oil imports were estimated at $29.63 billion, up by nine percent from the $27.16 billion in May 2012.
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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.