SME Times is powered by   
Search News
Just in:   • Sheikh Hasina sentenced to death over crimes against humanity charges  • Centre approves new Rs 7,712 crore investment under electronics component scheme  • DPDP rules to build trustworthy, future-ready digital environment for India  • Gold, silver prices decline as stronger dollar weighs on demand  • RBI measures to provide liquidity relief to exporters, ride out near-term pressure 
Last updated: 14 Aug, 2019  

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

exports-new012010.jpg
   Top Stories
» DPDP rules to build trustworthy, future-ready digital environment for India
» Gold, silver prices decline as stronger dollar weighs on demand
» RBI measures to provide liquidity relief to exporters, ride out near-term pressure
» Piyush Goyal meets world leaders, discusses ways to boost trade and investment
» E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act
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
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter