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The Times of India

Business

PTI

Exports decline marginally to $35.24 billion in July; trade deficit triples

Deficit Oil New Delhi

NEW DELHI: Exports dipped, though marginally, for the first time in 17 months in July, while trade deficit tripled to a record $31 billion fuelled by over 70 per cent rise in crude oil imports.

The July 2022 exports at $35.24 billion showed a decline of by 0.76 per cent on annual basis. The country's merchandise exports stood at $35.51 billion in July 2021.

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