Exports up 47.91% in July to $35.17 bn

Further exports to the U.S. , U.A.E. , and Belgium increased to $2.4 billion, $1.21 billion and $489 million in Jul

The country's exports grew by 47.19% to $35.17 billion on account of healthy growth in the outbound shipments of petroleum, engineering, and gems and jewellery, according to the provisional data of the commerce ministry. Imports during the month also rose by 59.38% to $46.40 billion, leaving a trade deficit of $11.23 billion. Exports of petroleum, engineering, and gems and jewellery in July increased to $3.82 billion, $2.82 billion and $1.95 billion respectively, the data showed.