Home / Economy / News / July exports at nearly last year's level; economy on path to revival: Goyal

July exports at nearly last year's level; economy on path to revival: Goyal

Goyal said several indicators are reflecting that the economic activities are reviving in the country

trade, export, container, import, shipping, sea, business, seafarer, merchan navy

Premium

Exports in value terms declined by 12.41 per cent to $21.91 billion in June on weak global demand due to Covid-19

2 min read Last Updated : Aug 04 2020 | 4:03 PM IST

Showing signs of significant improvement, the country's exports in July have reached almost the level of the corresponding month last year, Commerce and Industry Minister Piyush Goyal said on Tuesday.

He said several indicators are reflecting that the economic activities are reviving in the country.

"Our exports have almost reached last year's July level, with nearly 90 per cent of our export of July 2019 having come back. And, in fact if we were to remove the oil related exports, where we are largely a small value adder... we are 95 per cent plus on the revival of our exports," he said.

The

Topics : Piyush Goyal Indian exports Economic recovery

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in