 "exports, imports, cargo")
Export growth hit a 41-month low in June as poor performance plagued all major foreign exchange earners including petroleum oil, gems and jewellery, and engineering goods. Imports also dipped by 9.06 per cent, a 34-month low in June. Consequently, the trade deficit went down by nearly 8 per cent to $15.28 billion in June, a three-month low.
In June, outbound trade contracted by a significant 9.7 per cent, after rising by 3.93 per cent in May. According to data released by the Commerce and Industry Ministry on Monday, exports stood at $25.01 billion in the month.
The government
