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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