In an encouraging sign, the country's exports grew 11.6 per cent in July, the most in nearly two years, to 25.8 billion dollars. Imports declined 6.2 per cent, to 38.1 billion dollars in July. The trade deficit remained unchanged from 12.2 billion dollars in June.Gold and silver imports fell 34 per cent, to 2.9 billion dollars in July this year, compared to July last year. Commerce Secretary S. R. Rao expressed the hope that the recently announced incentives for exports would help shipments grow in the coming months.