India's exports grew by 10.22 per cent to 26.4 billion dollars in June this year while imports stood at 38.24 billion dollars, up by 8.33 per cent, leaving a trade deficit of 11.76 billion dollars.
According to the Ministry of Commerce and Industry's data released in New Delhi today, the country's exports stood at 24 billion dollars in June last year while imports were at 35.3 billion dollars. Exports in May rose by 12.4 per cent to 28 billion dollars over the same month a year ago, while imports fell by 11.4 per cent to 39.23 billion dollars.
In the April-June period, exports grew by 9.31 per cent to 80.11 billion dollars.
Imports, however, dipped by 6.92 per cent to 113.19 billion during the first three months of this financial year.
Trade deficit during the period stood at 33.08 billion dollars.
Oil imports increased by 10.9 per cent in June to 13.34 billion dollars. Non-oil imports during the month under review were up by 7 per cent to 24.9 billion dollars.
Country's gold imports were up by 65.13 per cent to 3.12 billion dollars in June this year from 1.88 billion dollars in the same month last year.