To take your ideas to Policymakers, Join the Campaign of #PolicyPulse Write to feedback@policypulse.com

Indian exports rise in June

Increasing imports for April-June were worth more than $84.55 billion, says data

Policy Pulse
Publish Date: Jul 16 2016 10:22AM | Updated Date: Jul 16 2016 10:22AM

Indian exports rise in June

 After 18 consecutive months of decline, India's merchandise exports in June registered rise of 1.27 per cent at $22.57 billion sustained by more commodity exports, over the $22.29 billion worth exported in the like month of 2015, official data showed.

 
Rather, the country's imports in June recorded a fall of 7.33 per cent at $30.69 billion, likened to imports of $33.12 billion in the same month last year.
 
Subsequently, the trade deficit in June also dropped to $8.11 billion as compared to $10.41 billion in the previous month. 
 
"Non-petroleum exports in June 2016 were valued at $19.98 billion against $19.40 billion in June 2015, an increase of 3.06 per cent," a commerce ministry statement here said. 
 
Cumulatively, for the April-June, exports were down 2.07 per cent in dollar terms at $65.31 billion, against $66.69 billion over the same period last year.
 
Increasing imports for April-June were worth more than $84.55 billion, which was a 14.53per cent fall from $98.92 billion worth recorded for the same period last year.