India’s July preliminary trade deficit widens to $31 billion

News Desk || shiningbd

Published: 8/3/2022 11:12:44 AM

India’s July trade deficit widened to $31.02 billion, pushed by a rise in crude oil and coal imports, from $10.63 billion a year earlier, a government official said on Tuesday.

July’s merchandise imports rose to $66.26 billion, while exports rose at a slower pace to $35.24 billion, BVR Subrahmanyam, India’s commerce secretary, told reporters while sharing preliminary data compiled by the Ministry of Commerce and Industry.
Dhaka Tribune

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