India's Exports Decline in January, Trade Deficit Widens
India's merchandise exports contracted by 2.38% in January to USD 36.43 billion, while imports rose by 10.28%. The trade deficit widened to USD 22.99 billion.
New Delhi, Feb 17 (PTI) India's merchandise exports dipped by 2.38 per cent to USD 36.43 billion in January against USD 37.32 billion a year ago, according to government data released on Monday.
Imports increased by 10.28 per cent to USD 59.42 billion last month compared to USD 53.88 billion in January 2024.
The trade deficit, or the gap between imports and exports, stood at USD 22.99 billion during the month under review.
During April-January period this fiscal, exports increased by 1.39 per cent to USD 358.91 billion and imports by 7.43 per cent to USD 601.9 billion.
Imports increased by 10.28 per cent to USD 59.42 billion last month compared to USD 53.88 billion in January 2024.
The trade deficit, or the gap between imports and exports, stood at USD 22.99 billion during the month under review.
During April-January period this fiscal, exports increased by 1.39 per cent to USD 358.91 billion and imports by 7.43 per cent to USD 601.9 billion.
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