June trade deficit touches 11-month high at $11.76 bn.

For the first three months of the year (April-June), the trade deficit stood at USD 33.08 billion against USD 48.33 billion, exports rose 9.3 percent to USD 80.11 billion, while the imports declined 6.9 percent to USD 113.20 billion on a year on year basis.

The June trade deficit touched 11-month high to USD 11.76 billion against USD 11.23 billion (MoM) and USD 11.28 billion (Y-o-Y). Though the imports dipped slightly to USD 38.24 billion against USD 39.23 billion on a month on month basis, it grew 8.3 percent on a year on year basis. Even exports rose 10.2 percent to USD 26.48 billion (YoY), but declined from USD 28 billion on a month-on month basis. For the first three months of the year (April-June), the trade deficit stood at USD 33.08 billion against USD 48.33 billion, exports rose 9.3 percent to USD 80.11 billion, while the imports declined 6.9 percent to USD 113.20 billion on a year on year basis. The other data stood as - Oil imports at USD 13.3 billion Vs USD 14.46 billion (MoM) Oil exports at USD 6.14 billion vs USD 5.9 billon (MoM) Non-oil imports at USD 24.9 billion Vs USD 24.76 billion (MoM) Gems, Jewellery exports at USD 3.31 billion vs USD 3.43 billion (MoM) Silver imports at USD 212.8 million Vs USD 410 million (MoM) Gold imports at USD 3.1 billion Vs USD 2.19 billion (MoM)