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India's exports to US, China, West Asia rise

India's exports to US, China, West Asia rise
India’s exports to US, China and West Asia rise in July · thehansindia.com

India is a country that sells things to other countries, and those goods are called exports.

In July, India sold more goods than before, with exports growing by almost 20 percent.

India also bought more goods from other countries, which are called imports.

When a country buys more than it sells, the difference is called a trade deficit, and India's deficit got bigger.

India sold a lot more goods to the United States and to China.

It also sold more to countries in West Asia, such as the UAE.

Earlier this year, sales to West Asia went down because of a conflict, but they are now back to normal.

The increase in trade happened in the first four months of the financial year as well.

A government official named Rajesh Agrawal shared this trade news in New Delhi.

Key facts

July exports
$44.24 billion (up 19.63%)
July imports
$76.22 billion (up 17.52%)
July trade deficit
$31.98 billion
April-July exports
$173.78 billion (up 17.04%)
April-July imports
$292.38 billion (up 19.27%)
Exports to West Asia (July)
$5.7 billion (up 8.62%)
Exports to US (July)
$9.02 billion (up 12.85%)
Exports to China (July)
$2.2 billion (up 64.57%)

Sources

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