After registering double digit growth for two consecutive months, India's exports grew by 7.33 per cent to 27.72 billion dollar in July, while imports rose by 4.25 per cent to 39.95 billion dollar. Ministry of Commerce and Industry's data said, Trade deficit marginally narrowed down to USD 12.22 billion dollar during the month under review from 12.49 billion dollar, according to the Ministry of Commerce and Industry's data.Exports in May and June registered a growth of 12.4 percent and 10.22 per cent, respectively. In the April-July period, exports grew by 8.62 per cent to USD 107.8 billion. Imports, however, dipped by 3.8 per cent to 153.15 billion dollar during the first four months of this financial year.Trade deficit during the period (April-July) stood at 45.31 billion dollar. Oil imports increased by 12.75 per cent in July to 14.35 billion dollar. Non-oil imports during the month under review were up by 0.03 per cent to 25.6 billion dollar. Country's gold imports were dip by 26.39 per cent to USD 1.81 billion in July this year from 2.46 billion dollar in the same month last year.