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India’s exports up by 9%, imports by 26%, trade gap widens to $16.3 bn in Jan


The Dollar Business Bureau India’s exports witnessed a growth of 9% in January this year, supported by a positive growth in the outbound shipments of petroleum, chemicals and engineering goods, even as the trade deficit shot up to a three-year high. The trade deficit widened to $16.3 billion in January due to 26.1% growth in imports on account of increased inbound shipments of crude oil, according to the data released by the Ministry of Commerce. The trade deficit, gap between imports over exports, had reached $16.86 billion in the month of...


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India’s exports up by 9%, imports by 26%, trade gap widens to $16.3 bn in Jan

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