Imports too jumped 45.25 per cent to USD 39.66 billion last month from USD 27.3 billion in March 2016.
A huge spike in gold imports pushed the trade deficit to USD 10.43 billion during the month under review from USD 4.4 billion a year ago.
The imports of the precious metal rose to USD 4.17 billion in March this year compared to USD 973.45 million in the same month last year.
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