Macroeconomic Indicators (1 October 2011)

India's imports and exports declined by 5.0% and 3.5%, respectively, in 2009-10, but showed a remarkable recovery in 2010-11, growing significantly by 22.3% and 41.2% , respectively. While petroleum crude and products were the single largest category in imports (30% share), gold and silver rose in share from 7.9% in 2006-07 to 10.1% in 2010-11. The share of capital goods in imports fell from 24.8% to 18.8% between the two years. Among exports, manufactured products continued to dominate and their share improved from 85.3% in 2006-07 to 87.0% in 2010-11.