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July exports at nearly last year's level; economy on path to revival: Goyal

Goyal said several indicators are reflecting that the economic activities are reviving in the country

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Exports in value terms declined by 12.41 per cent to $21.91 billion in June on weak global demand due to Covid-19

Press Trust of India New Delhi
Showing signs of significant improvement, the country's exports in July have reached almost the level of the corresponding month last year, Commerce and Industry Minister Piyush Goyal said on Tuesday.
He said several indicators are reflecting that the economic activities are reviving in the country.
"Our exports have almost reached last year's July level, with nearly 90 per cent of our export of July 2019 having come back. And, in fact if we were to remove the oil related exports, where we are largely a small value adder... we are 95 per cent plus on the revival of our exports," he said.
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