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January trade deficit widens to $16.30 bn; exports rise 9%

BS Web Team/New Delhi 15 Feb 18 | 05:56 PM

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.

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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.

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