New Delhi: Exports in June dropped 22 per cent to $32.97 billion, mainly due to demand slowdown in the global markets from $42.28 billion a year earlier, according to the commerce ministry data.
Imports also declined 17.48 per cent to $53.10 billion in June.
Commerce Secretary Sunil Barthwal said trade sector growth is in the hands of global factors.
However, he said, the trade deficit during April-June improved by 7.9 per cent to $57.6 billion from $62.6 billion in the same period last year.
PTI
Suggest A Correction
