India's January exports fall by 6.58% to $32.91 bn, imports down 3.63%

Trade deficit in January stood at $17.75 billion

Exports, global exports, supply chain
Photo: Bloomberg
Press Trust of India
1 min read Last Updated : Feb 15 2023 | 2:51 PM IST

India's exports in January dipped by 6.58 per cent to USD 32.91 billion, as against USD 35.23 billion in the same month last year, according to the data released by the commerce ministry on Wednesday.

Trade deficit in January stood at USD 17.75 billion.

Imports in January also declined by 3.63 per cent to USD 50.66 billion, as against USD 52.57 billion in the same month last year.

During April-January this fiscal, however, the country's merchandise exports rose by 8.51 per cent to USD 369.25 billion.

Imports during the period increased by 21.89 per cent to USD 602.20 billion.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Indian exportsIndia imports

First Published: Feb 15 2023 | 2:51 PM IST

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