Exports Up Over 50 % To USD 7.41 Bn During August 1-7


Oil imports throughout August 1-7, jumped by about 141 per cent to USD 1.80 billion. Similarly, imports of digital items rose by almost 31 per cent to USD 308 million.

The nation’s exports rose by 50.45 per cent to USD 7.41 billion throughout August 1-7, on account of wholesome progress within the shipments of engineering items, gems and jewelry in addition to petroleum merchandise, in line with provisional commerce ministry information.

Imports throughout the week too grew by about 70 per cent to USD 10.45 billion, leaving a commerce deficit of USD 3 billion.

Exports of engineering items elevated by 63 per cent to USD 834 million. Similarly, the outbound shipments of gems & jewelry rose by 121 per cent to USD 418 million. For petroleum merchandise exports elevated 145 per cent to USD 522 million, the info confirmed.

However, exports of iron ore, oil meals and oil seeds recorded unfavorable progress.

Oil imports throughout August 1-7, jumped by about 141 per cent to USD 1.80 billion. Similarly, imports of digital items rose by almost 31 per cent to USD 308 million.

Gold imports throughout the interval declined by 12.48 per cent to USD 100 million.

Exports to the US, UAE and Saudi Arab grew by 48.4 per cent to USD 462.7 million, 70 per cent to USD 209-7 million, and 180 per cent to about USD 164 million, respectively. 

(PTI)




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