India's exports drops in June
"Exports during June, 2015 were valued at US $22289.43 million (Rs. 142341.88 crore) which was 15.82 per cent lower in Dollar terms (10.00 per cent lower in Rupee terms) than the level of US $26479.72 million (Rs. 158165.21 crore) during June, 2014," read a government statement.
"Cumulative value of exports for the period April-June 2015-16 was US $ 66690.90 million (Rs 423315.24 crore) as against US $80112.30 million (Rs 478928.90 crore) registering a negative growth of 16.75 per cent in Dollar terms and 11.61 per cent in Rupee terms over the same period last year," it said.
"Imports during June, 2015 were valued at US $33116.55 million (Rs. 211484.61 crore) which was 13.40 per cent lower in Dollar terms and 7.42 per cent lower in Rupee terms over the level of imports valued at US $ 38242.96 million (Rs. 228427.88 crore) in June, 2014. Cumulative value of imports for the period April-June 2015-16 was US $98916.56 million (Rs 627830.30 crore) as against US $ 113196.23 million (Rs 676694.53 crore) registering a negative growth of 12.61 per cent in Dollar terms and 7.22 per cent in Rupee terms over the same period last year," read the government statement.
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