<h1>India's June 2008 Exports Up 23.5%, Imports Rise 25.9%; Trade Deficit Widens to $30.4 Billion in Q1 2008.</h1> India's exports in June 2008 reached $14,664 million, a 23.5% increase from June 2007, with cumulative exports for April-June 2008 at $42,846 million, marking a 22.3% growth. Imports in June 2008 were $24,452 million, a 25.9% rise from the previous year, with cumulative imports for April-June 2008 at $73,275 million, showing a 29.7% increase. Oil imports surged by 53.4% in June 2008 compared to June 2007. The trade deficit for April-June 2008 was $30,429 million, higher than the $21,473 million deficit during the same period in 2007.