Exports for July 2012 Stood at USD 22.4 billion

India’s exports for the month of July 2012 stood at USD 22.4 billion compared to July 2011 when it stood at USD 26.3 billion registering a decline of (-) 14.8%. During July 2012, the imports were USD 37.9 billion as compared to USD 41.1 billion in July 2011. Balance of Trade stood at USD 15.5 billion during July 2012 as compared to USD 14.8 billion in July 2011.

The cumulative figure for the period of April-July 2012 shows exports at USD 97.6 billion as compared to USD 102.8 billion in April-July 2011; while the cumulative imports for April-July 2012 stood at USD 153.2 billion as compared to USD 163.8 billion in April-July 2011. The cumulative figure for the Balance of Trade for the period of April-July 2012 stood at USD 55.6 billion as compared to USD 61.0 billion in April-July 2011.

The trade data figures are provisional and are subject to change.

Source : investinindia.com