India's June exports rise by over 4%

India's exports rose by 4.39 per cent during June 2017, official data showed on Friday.

Exports grew by 4.39 per cent to $23.56 billion from $22.57 billion worth of merchandise shipped out during June 2016, according to data released by the Ministry of Commerce and Industry.

"Exports have been exhibiting positive growth for the last nine months. In continuation with growth indicated by exports since September 2016, exports during June 2017 have shown growth of 4.39 per cent in dollar terms valued at $23,562.62 million as compared to $22,572.30 million during June, 2016," the ministry said in a statement.

"During June 2017, major commodity groups of export showing positive growth over the corresponding month of last year are engineering goods (14.78 per cent), petroleum products (3.60), organic and inorganic chemicals (13.20), rice (27.29) and marine products (24.27)."

 

However, the country's imports during the month under review also increased by 19.01 per cent to $36.52 billion. India's oil imports during June increased by 12.04 percent to $8.12 billion.

--IANS

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