MacroScan - Balance of Payments: Do We Need to Worry?

Table 1: Important Trade Items in 2007-08
	Share %	Growth %
Exports
Engineering goods	20.91	11.65
Petroleum products	15.64	18.46
Gems & Jewellery	12.36	9.47
Chemicals & related products	13.63	4.71
Textiles	11.38	-2.08
Agriculture & allied products	8.43	37.16
Ores & minerals	5.66	14.42
Leather & leather goods	2.16	1.21
Electronic goods	2.11	1.48
Imports
Petroleum products	32.75	34.97
Machinery	13.81	23.94
Electronic goods	8.55	27.77
Gold	7.08	17.5
Iron & steel	3.53	41.12
Pearls, precious & semi-precious stones	3.33	6.59
Transport equipment	3.07	65.31
Organic chemicals	3.05	32.83
Source: DGCI&S