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India's exports decline 7 per cent to $34.48 billion in August
Imports too declined by 5.23 per cent to $58.64 billion as against $61.88 billion recorded in August in last year
image for illustrative purpose
New Delhi: India's exports declined by 6.86 per cent to $34.48 billion in August this year as against $37.02 billion in the same month last year, government data showed on Friday.
Imports too declined by 5.23 per cent to $58.64 billion as against $61.88 billion recorded in August 2022. The country's trade deficit in the month stood at $24.16 billion.
During April-August this fiscal, exports contracted by 11.9 per cent to $172.95 billion. Imports during the five-month period fell by 12 per cent to $271.83 billion.
