APN News

Exports up 13 pc, imports jump by 34 pc in July

India’s exports rose in July, for the ninth month in a row, by 13.2 percent to USD 16.24 billion, Commerce Secretary Rahul Khullar said on Tuesday.

Imports too rose by 34.3 per cent to USD 29.17 billion, taking the trade gap for the month to USD 12.93 billion, he added.

Overseas shipments in April-July this fiscal aggregated at USD 68.63 billion, up 30.1 percent over the same period last year.

Imports during the April-July period this fiscal were at USD 112 billion, up by 33.3 percent over the year-ago period.

Sectors which did not perform well in July include leather, electronic goods, man-made fibre, textiles and tea, Khullar said.

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