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    <title>INDIA’S FOREIGN TRADE: July 2022</title>
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    <description>Overall exports grew driven by services and modest merchandise increases, while imports rose substantially, widening the trade deficit; services surplus expanded and partially offset the larger merchandise deficit. Sectoral detail shows modest non-petroleum and non-gems &amp; jewellery export gains against sharp import growth in many input and energy categories. Several commodity groups recorded significant year-on-year shifts. The release is provisional and includes estimated services data subject to revision and pro-rata revisions to April-July comparisons based on quarterly balance of payments data.</description>
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