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Showing posts with the label import export data

India's Export down in June - Trade War Impact

India's Export down in June - Trade War Impact The Country's Merchandise Exports went down for the first time in this year 2019. Recently the Ministry of Commerce report said that Trade exports in June 2019, totaled to USD 25.01 Billion - down 9.71 percent as compared from the year ago period. Exports in June were also seen as the lowest level in the past nine months. Imports were also fell by 9 percent. June imports totaled to USD 40.29 Billion. So, the trade deficit for India in June 2019 stood at USD 15.28 Billion. Exports of Petroleum products fell by 33 percent, Gems & Jewellery at 11 percent, 28 Percent by Rice and Engineering goods fell by around 3 Percent. However Iron Ore exports grew by 155 Percent in the month of June. Electronic products were raised by 44 percent and Ceramics & Glassware products up by 20 Percent in the Exports Side. Spices, Drugs and Pharmaceuticals have seen significant growth in Export for India in June 2019. India's exports were decl