New Delhi, Feb. 17 -- India's trade deficit has widened to USD 22.99 billion in the month of January 2025 as the merchandise exports fell 2.4 percent to USD 36.43 billion and the imports surged to USD 59.42 billion in January this year.
India's merchandise exports dipped 2.4 percent year-on-year in January 2025 to USD 36.43 billion, even as the cumulative merchandise exports during the April-January period registered a marginal growth of about 1.4 percent to USD 358.91 billion, as per official data released on Monday.
India's merchandise exports in January 2024 had stood at USD 37.32 billion. The merchandise imports surged to USD 59.42 billion in January this year from USD 53.88 billion in the corresponding period last year. As a result, ...