Exports in July increased 2.25 percent to $ 26.33 billion

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India's exports in July stood at $ 1.8 billion, up 5.5 percent. India's exports during the same period last year stood at $ 1.8 billion. Imports, on the other hand, were down 8.7 percent in July, to $ 1.8 billion. The trade deficit fell to $ 1.8 billion in July, largely due to a sharp decline in imports. Which is a four-month low.

It was worth mentioning that in July last year, exports amounted to $ 1.8 billion. The trade deficit for July 1 stood at $ 1.8 billion. Prior to this, the trade deficit for the year to March 1 stood at $ 1.8 billion.

Gold imports in July declined 5.2 per cent to $ 1.8 billion. Oil imports were down 5.5 percent to $ 1.8 billion. Imports of non-oil items fell by 5.7 percent to $ 8 billion.

In July, exports of chemicals, Aryan ore, electronics, marine products and pharma sector saw growth. However, exports of gems and jewelery saw a decline of 5 per cent, while exports of engineering goods saw a decline of 5 per cent.

During the April-July period, exports declined by 5.7 percent to $ 1.8 billion. During the same period, imports declined by 5.4 percent to $ 8 billion. Trade deficit during the four-month period stood at $ 1.8 billion. That was $ 5.5 billion in the same period last year.

During the April-July period, oil imports stood at $ 1.8 billion. That was $ 5.5 billion in the same period last year.

In a statement to the Federation of Indian Export Organizations, exports worldwide are witnessing a decline in global demand and uncertainty caused by the trade war.

It is worth mentioning that after exporting six months in a row, India's exports declined in June. India's exports showed a decline of 5.5 per cent in the previous month.