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  • Exports grow by 13.2 pc to USD 16.24 bn in July

    Published on September 1, 2010

    Exports grew by 13.2 per cent to USD 16.24 billion in July compared to the same period last fiscal, posting growth for the ninth month in a row.

    Imports too jumped by 34.3 per cent to USD 29.17 billion in July compared to the same month last fiscal, according to the official data released on Wednesday.

    During April-July this fiscal, exports posted a growth rate of 30 per cent to USD 68.62 billion on year-on-year basis.

    Imports during the April-July period grew by 33.3 per cent to USD 112.2 billion.

    Oil imports in July grew by 4.4 per cent to USD 7.6 billion, while non-oil imports jumped by 49.6 per cent to USD 21.5 billion.

    The country’s trade deficit widened to USD 12.93 billion in July compared to the year-ago period.