India’s Trade Deficit Widens to $15.2 Bn, Exports Dip 1.66% in Jan

Imports too declined by 0.75 percent to 41.14 billion dollars.

Published
Business
1 min read
A general view of a container terminal is seen at Mundra Port in the western Indian state of Gujarat.
i

The country's exports contracted for the sixth month in a row by 1.66 percent in January to 25.97 billion dollars, according to the data released by the commerce ministry on Friday, 14 February.

Imports too declined by 0.75 percent to 41.14 billion dollars, leaving a trade deficit of 15.17 billion dollars during the month under review.

The trade deficit was 15.05 billion dollars in January 2019.

During April-January 2019-20, exports slipped 1.93 percent to 265.26 billion dollars, imports declined by 8.12 percent to 398.53 billion dollars, leaving a trade deficit of 133.27 billion dollars.

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!