ALSO READStatsguru: Exports rebound Trade deficit narrows to 7-month low of $8.98 bn in Sept; exports rise 26% Indian exports may not gain much from rise in global trade Exports jump 12.3% to $27 bn in December; imports rise 21.1% to $41.9 bn Exports jump 30% in November, trade deficit high at $13.8 billion
January trade deficit widened to $16.30 billion as against $9..9 billion in year-ago period, data from Commerce Ministry showed. It was $14.88 bn in the previous month. Merchandise exports for January rose 9.07% from a year ago to $24.38 billion. Goods imports last month were $40.68 billion, a jump of 26.10% from a year ago, data from the Ministry of Commerce and Industry showed.