Exports jump 81.8 per cent to $29.3 bn in July

India's exports grew by an impressive 81.8 per cent to $29.3 billion in July, Commerce Secretary Rahul Khullar on Thursday said.

Imports, too, grew by 51.5 per cent to $40.4 billion, leaving a trade deficit of $11.1 billion.

"Exports have done well...but my sense is that it (high export growth) is not going to sustain. We will see slowdown by this month," Khullar said.

During April-July 2011, the shipments grew by 54 per cent to $108.3 billion. Imports grew by 40 per cent to $151 billion.

During the same period, trade deficit stood at $42.7 billion.

Sectors, which have registered healthy growth, during the period, include engineering, petroleum products, gems and jewellery and readymade garments.