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  3. Import of sensitive items increases by 7.8% for April-March 2011

Import of sensitive items increases by 7.8% for April-March 2011

19 Jul 2011 Evaluate

The imports of sensitive items for the last financial year increased by 7.8% to Rs 70,656 crore from Rs 65,565 crore during the 2009-10. During the 2010-11, the gross import of all commodities increased by 17.1% over 2009-10. The other items like milk and milk products, food grains and rubber saw the surge in imports, it increased by 162.2%, 113.8% and 82.7% respectively during the last financial year.

The commerce and industry ministry said the gross import of all commodities during same period of current year was Rs 1596869 crores as compared to Rs 1363736 crores during the same period of last year. Thus, import of sensitive items constitutes 4.8% and 4.4% of the gross imports during last year and current year respectively.

The import of items like pulses, cotton and silk, spices and tea and coffee register decline in import at broad group level, however items like edible oil, automobiles, fruits and vegetables (including nuts), rubber, products of SSI, milk and milk products, alcoholic beverages, marble and granite and food grains saw the increase in imports for the 2010-11.

As per the official statement, during the last financial year edible oil increased to Rs 29,319.1 crore from Rs 25,975.3 crore in the 2009-10.  A significant feature of edible oil import is that import of crude oil has gone up by 15.8% and that of refined oil have gone down by 2.5%. The increase in edible oil import is mainly due to substantial increase in import of crude palm oil and its fractions, the commerce ministry said.

Import of sensitive items has increased from countries like Indonesia, China P RP, Argentina, Malaysia, Korea RP, Germany, Ukraine, Thailand, Tanzania REP, Australia, United Kingdom, Cote D’ Ivoire, Vietnam SOC REP etc. whereas imports of sensitive items has reduced from countries such as  US, Myanmar, Brazil, Japan, Canada, Czech Republic etc.  

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