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India's exports up by 10.22% to USD 26.4 billion

The rise in exports resulted in a trade deficit of USD 11.76 billion

New Delhi: India's exports grew by 10.22per cent to USD 26.4 billion in June this year while imports stood at USD 38.24 billion, up by 8.33 per cent, leaving a trade deficit of USD 11.76 billion, according to the Ministry of Commerce and Industry's data.

Country's exports stood at USD 24 billion in June last years while imports were at USD 35.3 billion, the data showed. Exports in May rose by 12.4 per cent to USD 28 billion over the same month a year ago, while imports fell by 11.4 per cent to USD 39.23 billion. In the April-June period, exports grew by 9.31 per cent to USD 80.11 billion.

Imports, however, dipped by 6.92 per cent to USD 113.19 billion during the first three months of this financial year. Trade deficit during the period stood at USD 33.08 billion.

Oil imports increased by 10.9 per cent in June to USD 13.34 billion. Non-oil imports during the month under review were up by 7 per cent to USD 24.9 billion. Country's gold imports were up by 65.13 per cent to USD 3.12 billion in June this year from USD 1.88 billion in 2013 as well.

( Source : PTI )
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