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NEW DELHI: India’s exports contracted by 15.88 per cent to $32.25 billion in July this year from $38.34 billion in the same month last year, the government data showed on Monday.
Imports during the month also declined by 17 per cent to $52.92 billion from $63.77 billion in July 2022.
During April-July this fiscal, the exports dipped by 14.5 per cent to $136.22 billion.
Imports during the period also declined by 13.79 per cent to $213.2 billion.
Commerce secretary Sunil Barthawal said that the global headwinds are still there. There is decline in exports and imports of several countries.
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