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Indian export grows 4 percent in July

Tue 15 Aug 2017, 11:18:40
The country's exports grew three point nine percent in July this year, on a yearly basis, to 22(point)5 billion dollars.Exports rose due to an increase in shipments of petroleum, chemicals and marine products. 

Official data released today showed that imports rose 15.4 per cent in July, to 34 billion dollars, due to a rise in



inward shipments of crude oil and gold. 

The country's trade deficit widened to 11.4 billion dollars during the month under review, from 7.8 billion dollars in July last year. 
Gold import spurted 95 per cent, to 2.1 billion dollars in July. Oil imports increased 15 per cent in July.


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