
India’s merchandise exports down 16 pc in July, trade deficit stands at $ 20.67 billion
New Delhi, (UNI) Amid slowdown in global demand, India’s merchandise exports fell 15.88% year-on-year to US$ 32.25 billion in July 2023. India had shipped goods worth US$ 38.34 billion in July 2022. India’s merchandise imports stood at US$ 52.92 billion in July 2023, a drop of 17% compared to imports worth US$ 63.77 billion in…