July saw a decline in imports and exports, with a trade deficit of 1 trillion and sixteen billions.

The foreign trade figures for the first month of the current fiscal year 2081–82 are not up to par. The Customs Department issued data on Friday that shows a reduction in imports and exports in July along with an increase in the trade imbalance.

In July, a high rate of export fall resulted in a rise in the trade deficit despite a normal decline in imports. July saw the import and export of products totaling 1 trillion 28 billion 377 million rupees and 12 billion 22 billion 61 million rupees, respectively. Exports increased by 9.63 percent while imports fell by 0.67 percent during this time.

Over 1 trillion 29 billion 23 million rupees were imported in the first month of the previous fiscal year 2080–81, whereas 13 billion 52 billion 86 million rupees were exported.

The high rate of export fall in July of this year has resulted in an increase in the trade imbalance notwithstanding the decline in imports. The department's data indicates that a month's total trade loss is one trillion sixteen billion, one hundred fifty million, and ninety-seven thousand rupees. The trade imbalance in July of the previous fiscal year amounted to 1 trillion 15 billion 71 billion 3 lakh rupees. In July, the trade deficit grew by 0.38 percent.

The entire value of trade outside India in July is 1 trillion 40 billion 60 million 32 million rupees. In July of the previous year, trade outside the country totaled 1 trillion 42 billion 76 crore rupees. The whole amount of foreign commerce fell by 1.52 percent throughout this time. In terms of foreign commerce, the percentage of imports is 91.30 percent while the share of exports is 0.86 percent.