Exports had crossed the magical $100 billion mark, clocking $101 billion in 2005-06, a 25 per cent growth.
Trade deficit also was higher at $4.214 billion in April 2006 as against $3.854 billion on account of 20.52 per cent growth in imports, according to official trade data released in New Delhi.
Imports during April, 2006 were valued at $12.560 billion (provisional) representing an increase of 20.52 per cent as against 10.422 in April, 2005.
Oil imports during April, 2006 were $4.1 billion, which is 34.65 per cent higher than oil imports at 3.088 billion dollar in April, 2005.
Non-oil imports were 14.56 per cent higher at $8.401 billion in April as against $7.33 billion in April, 2005. In rupee terms, exports were Rs 37,518.08 crore (Rs 375.18 billion), which is 30.59 per cent higher than the provisional value of exports during April, 2005 while imports grew by 23.84 per cent.
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