Indian economy: Trade deficit narrows to $13 billion in June–Economic Times–15.07.2017

India’s trade deficit narrowed in June after swelling to a 30-month high in May even as exports grew slowly in the month.
Exports grew 4.39%, a four-month low in the 10-months of continuous growth, to $23.5 billion. Imports rose 19% to $ 36.5 billion leaving a trade gap of $12.9 billion in June. Trade deficit was $8.1 billion in the year ago period and $13.84 billion in May.
“Exports have been exhibiting positive growth for the last nine months,” commerce and industry ministry said in a statement on Friday.
Fifteen out of 30 sectors showed an increase in exports. Major commodity groups of export showing positive growth over the corresponding month of last year were engineering goods (14.78%), petroleum products (3.6%), organic & inorganic chemicals (13.2%), rice (27.29%) and marine products (24.27%).