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of <h1>India's July 2012 Exports Drop 14.80% in Dollar Terms, Trade Deficit Lowers to $55.55 Billion from April-July 2012.</h1> In July 2012, India's exports were valued at $22.44 billion, marking a 14.80% decrease in Dollar terms compared to July 2011, but a 6.45% increase in Rupee terms. Cumulative exports from April to July 2012 totaled $97.65 billion, showing a 5.06% decline in Dollar terms. Imports in July 2012 were $37.94 billion, a 7.61% decrease in Dollar terms, while cumulative imports for April to July 2012 were $153.20 billion, down 6.47% in Dollar terms. The trade deficit for April to July 2012 was $55.55 billion, lower than the previous year's $60.95 billion.
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