Exports in February rose 4.5% to $25.8 billion, said Commerce Secretary Rita Teaotia. Imports during the month increased 10.4% to $37.8 billion while April-February imports jumped 21% to $416.87 billion. Trade deficit narrowed to $12 billion in February from $16.30 billion in the previous month, Teaotia said on Thursday. The country's merchandise exports are showing continuous positive growth, Teaotia told reporters. Oil imports in February rose by 32%. Export sectors, which are recording healthy growth so far includes chemicals, engineering goods and petroleum products.
February trade deficit narrows to $12 bn; exports rise 4.5% to $25.8 bn
February imports increased 10.4% to $37.8 bn; January trade deficit was $16.3 bn
BS Web Team |
First Published: Thu, March 15 2018. 16:20 IST
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