Business EconomyPosted at: Aug 14 2024 3:27PM


India's merchandise exports dip 1.47 pc YoY to $33.98 billion in July

New Delhi, Aug 14 (UNI) Amid slowdown in some of the advanced economies leading to tepid demand, India's merchandise exports dipped 1.47% year-on-year to US$33.98 billion in July 2024 as compared to US$34.49 billion in the same month a year ago, as per official data released on Wednesday.
India's merchandise imports rose 7.45% year-on-year to US$57.48 billion in July this year as compared to US$53.49 billion in July last year.
Merchandise trade deficit in July 2024 stands at US$23.5 billion.
The rising geo-political tensions in West Asia have added to the global uncertainty. The Russia-Ukraine conflict which started more than two years back has refused to die down.
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