India's exports dipped marginally by 0.76 per cent to $35.24 billion in July, though the trade deficit tripled to $31.02 billion during the month, according to official data revealed on Tuesday.
Photograph: PTI Photo
The imports in July went up to $66.26 billion from $46.15 billion in the corresponding month last fiscal.
"Exports of $156.41 billion in first four months of the fiscal puts us on track to achieve $470 billion in the current fiscal comfortably," commerce secretary B V R Subrahmanyam said while giving details about the trade data.
The trade deficit was $10.63 in July 2021.
As per the data, the gold imports almost halved to $2.37 billion in July compared to $4.2 billion a year ago.
