New Delhi: India's oil imports increased 32.45% to $15.83 billion in March from $11.95 billion in the same month a year ago, the government said Tuesday.
Non-oil imports grew 19.91% to $26.75 billion during the month as against $22.31 billion in March 2011, the data released by Ministry of Commerce and Industry showed.
India's oil imports during April-March period of the last financial year 2011-12 rose 46.88% to $155.63 billion from $105.96 billion in the same period previous fiscal year, while non-oil imports during the period surged 26.23% to $333 billion from $263.80 billion.
India's total exports increased 5.71% on-year to $28.68 billion in March, while imports rose 24.28% on-year to $42.58 billion during the month, the data said.
For the April-March period, India's exports grew 20.94% on-year to $303.71 billion, while imports increased 32.15% on-year to $488.64 billion.
Trade deficit during April-March period worked out to be at $184.92 billion against $118.63 billion in the corresponding period previous fiscal year.
During the fiscal year 2010-11, India's exports rose 37.8% on-year to $245.6 billion, while imports increased 21.9% on-year to $350.5 billion.