<h1>India's August 2015 Exports Drop by 20.66%; Trade Deficit for April-August Slightly Lower Than Previous Year.</h1> In August 2015, India's merchandise exports were valued at $21,266.31 million, marking a 20.66% decrease from August 2014. Cumulative exports for April-August 2015-16 fell by 16.17% compared to the previous year. Imports in August 2015 were $33,744.28 million, a 9.95% decrease from the prior year, with April-August imports declining by 11.61%. The trade deficit for April-August 2015-16 was $57,516.09 million, slightly lower than the previous year. In July 2015, service exports totaled $13,386 million, while imports were $7,502 million, resulting in a trade balance of $5,884 million.