Financial Daily from THE HINDU group of publications
Thursday, Oct 13, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Industry & Economy - Foreign Trade


Bilateral trade with China up 40 pc in Q1

K.R. Srivats

New Delhi , Oct. 12

INDIA'S merchandise trade with China jumped by nearly 40 per cent in the first three months of the current fiscal to touch $3.21 billion against the $2.30 billion recorded in the same period last year.

According to the data compiled by the Department of Commerce, India's exports to China increased by 44.58 per cent during April-June 2005 to touch $1.20 billion ($0.83 billion). On the other hand, imports from China surged by 36.73 per cent during April-June 2005 to $2.01 billion ($1.47 billion). The bilateral trade during 2004-05 stood at $13.6 billion.

Trade with Singapore too saw a robust increase, with two-way movement of goods growing by 70.15 per cent in April-June 2005 to worth $2.28 billion ($1.34 billion). While India's exports to Singapore surged to $1.58 billion ($0.81 billion) for the period under review, imports from Singapore in April-June 2005 stood at $0.70 billion ($0.53 billion).

India's exports to the US increased by 8.25 per cent in the first quarter of the current fiscal to $3.28 billion ($3.03 billion). Imports from the US in April-June 2005 rose to $1.62 billion ($1.26 billion).

The other countries to which there was a substantial jump in exports during the first quarter of the current fiscal included the UK (45 per cent increase to $1.06 billion), France (31 per cent; $0.61 billion) and Hong Kong (30 per cent; $1.04 billion).

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
What's causing the pollution


Twin-engined reverse monsoon in top gear
Gorgeous scene
Low tax-GDP ratio daunts India's quest to join developed world
China's growth projection to boost commodities
Bilateral trade with China up 40 pc in Q1
Rising health claims force insurers' rethink on TPAs
Rooms with a view
UK court restricts launch of Ranbaxy's cholesterol drug — Pfizer says ruling will protect UK turf from generic competition
New tonnage tax regime — Shipping Ministry takes hard stand on fleet acquisition clause
Draft circular on advertising services — Ad agencies may have to fork out more service tax
`Textile mills' operating profits rise due to drop in input costs'
Burning issue
38 pc consider multiple brands before vehicle purchase: J.D. Power
Leather design centre to be set up at NIFT
Corrugated box industry mulls hiking prices
Nasscom in pact with Canada peer
CCMB to make nano-biotech foray
Demand makes paint sector buck input costs pressure
Bilcare unveils clinical services facility in Pune
FICCI seeks more FDI in DTH, cable biz
Volkswagen team coming today
Franchise Expo in Delhi
In Hyderabad today
`FBT not in tune with spirit of liberalisation'
Kamal Nath to meet chiefs of export promotion councils


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line