India#39;s exports up 6.16% in January, trade deficit narrows to $14.54 billion

Source: Reuters

The country’s exports grew by 6.16 percent to $ 27.45 billion in January, according to data by the commerce ministry.

Imports too grew by 2 percent to about $ 42 billion, leaving a trade deficit of $ 14.54 billion during the month under review, the data showed.

Exports during April-January this fiscal dipped by 13.58 percent to $ 228.25 billion, while imports declined by 25.92 percent to $ 300.26 billion.