In July, exports are good. But imports are also growing, which have a greater impact on the trade balance, pushing it further downwards. The trade deficit now reaches $11,08 billion.
Tirano, +82% (equivalent to 29,34 billion dollars), Indian exports compared to July 2010. But imports, for the same period, are the big load: +51,5%, or 40,43 billion dollars (more than 1/4 is represented by the purchase of oil).
And so, according to the provisional data of the local Ministry of Commerce, the deficit of the trade balance is growing: if in July 2010 it was 10,54 billion dollars, after a year it reaches 11,08 billion.
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