SME Times is powered by   
Search News
Just in:   • Sensex, Nifty open subdued amid easing West Asia tensions  • “Purity, precision, and consistency form the foundation of every chemical solution we deliver.”: Darshan Mehta   • Adani's Ambuja Cements joins UK-based Leilac to develop commercial-scale low carbon cement  • Trump administration sees Iran talks as path to broader Middle East reset  • EAM Jaishankar arrives in Mongolia to deepen bilateral partnership 
Last updated: 14 Aug, 2019  

Exports.9.Thmb.jpg Exports rise 2.25 pc in July

exports-new012010.jpg
   Top Stories
» Sensex, Nifty open subdued amid easing West Asia tensions
» Gold, silver trade higher amid easing crude prices
» South Africa eyes stronger economic relations with India as US ties sour
» India, US to hold trade talks this week to finalise interim pact: Piyush Goyal
» RVNL bags Rs 2,977 crore NMDC contract for 10 MTPA logistics facility at Vizag
SME Times News Bureau | 14 Aug, 2019

Exports from the country rose 2.25 per cent in July on a year-on-year basis to $26.33 billion from $25.75 billion reported for the corresponding month of the previous year, according to official figures released on Wednesday.

As per the data furnished by the Ministry of Commerce and Industry, 'electronic goods', 'drugs and pharmaceuticals', 'organic and inorganic chemicals' and 'marine products' showed high export growth during the month under review.

"Non-petroleum and non-gems and jewellery exports in July 2019 were $19.70 billion, as

compared to $18.72 billion in July 2018, exhibiting a positive growth of 5.28 per cent," the ministry said.

On the other hand, imports declined by 10.43 per cent to $39.76 billion in July from $44.39 billion reported for the corresponding month of 2018.

"Oil imports in July 2019 were $9.60 billion, which was 22.15 per cent lower in dollar terms (22.02 per cent lower in rupee terms), compared to $12.33 billion (Rs 84,707.59 crore) in July 2018," the ministry said.

"Non-oil imports in July 2019 were estimated at $30.16 billion (Rs 2,07,522.94 crore), which was 5.92 per cent lower in dollar terms (5.76 percent lower in rupee terms), compared to $32.06 billion (Rs 2,20,209.17 crore) in July 2018."

According to the ministry data, non-oil and non-gold imports declined by 2.22 per cent to $28.45 billion from $29.09 billion in July 2018.

Consequently, the trade deficit in July narrowed to $13.43 billion as against the deficit of $18.63 billion in the corresponding period of 2018.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.2
₹92.5
UK Pound
₹128.85
₹124.8
Euro
₹112.2
₹108.45
Japanese Yen ₹59.85 ₹58
As on 06 May, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter