<h1>India's June 2014 Exports Up 10.22%, Trade Deficit Drops; Oil Imports Rise 10.90% Compared to 2013.</h1> India's merchandise exports in June 2014 increased by 10.22% in Dollar terms compared to June 2013, reaching $26,479.72 million. Imports grew by 8.33% to $38,242.96 million. The trade deficit for April-June 2014-15 decreased to $33,083.93 million from $48,326.21 million the previous year. Oil imports rose by 10.90% in June 2014, while non-oil imports increased by 7.0%. For services in May 2014, exports were valued at $13,920 million, and imports at $8,027 million, resulting in a trade surplus of $5,893 million. The government has included services trade data in its reports alongside merchandise data.