All figures in $ million			1996 -97	% Change	1995 -96	% Change	1994 - 95	% Change
		(Projected)		(Estimated)
1	Exports	34,700	7.00%	32,430	21.17%	26,763	17.90%	22,700
2	Imports, comprising :	41,220	4.50%	39,445	28.45%	30,709	28.03%	23,985
	a. POL	10,162	42.00%	7,156	20.72%	5,928	4.86%	5,653
	b. Non Oil Imports	31,058	-3.81%	32,289	30.30%	24,781	35.18%	18,332
3	Balance of Trade (1 - 2)	(6,520)	-7.06%	(7,015)	77.77%	(3,946)	207.08%	(1,285)
4	Net Invisibles	2,000		1,930		1,864		970
5	Current Account (3 + 4)	(4,520)	-11.11%	(5,085)	144.24%	(2,082)	560.95%	(315)
	% of GDP	-1.37		-1.64		-0.71		-0.13
6	Capital Account Total ( Net=6a + 6b + 6c ) comprising of :	6,700	347.26%	1,498	-81.31%	8,017		9,183
6a	Debt Flows	-1,500		-230		331		3,226
	a. NRI Deposits (Net)	1,500		1,365		847		940
	b. Commercial Borrowing (Net)	2,000		82		430		1,140
	c. External Assistance (Net)	-1,000		996		1,250		1,700
	d. IMF (Net)	-3,500		-1,710		-1,146		191
	e. Rupee Debt Service	-500		-963		-1,050		-745
6b	Equity Flows	5,700		4,077		4,896		4,110
	a. Direct Foreign Investment (Net)	1,500		1,981		1,314		620
	b. FII Portfolio investment (Net)	2,500		1,892		1,743		2,030
	c. GDR investment (Net)	1,700		204		1,839		1,460
6c	Others (including adjustments)	200		-1,681		1,612		1,847
6d	Errors & Ommissions					984		-234
7	Change in Reserves (5 + 6 + 6d)	-120		2,919		5,741		8,634
	Reserves Outstanding	17,679	-0.67%	17,799	-14.09%	20,718	38.33%	14,977
	Export/ Import Ratio	84.18%		82.22%		87.15%		94.64%
	Months of Import	5.15		5.41		8.10		7.49

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