Exports dip 1.66 per cent in January


The country’s exports contracted for the sixth month in a row by 1.66 per cent in January to USD 25.97 billion, according to the data released by the commerce ministry on Friday.

Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review.

The trade deficit was USD 15.05 billion in January 2019.


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

Source link

Articles You May Like

5 things to know before the stock market opens March 4, 2021
Target (TGT) earnings Q4 2020 top estimates
COVID-19 stress altering consumer behavior in India: IIM Survey
Why Mark Cuban did 6-figure deal with Hopscotch app
Robinhood chooses the Nasdaq for its IPO, sources say

Leave a Reply

Your email address will not be published. Required fields are marked *