New Delhi, Feb. 17 -- India's merchandise exports dipped 2.4% year-on-year in January 2025 to $36.43 billion, as per official data released on Monday.
India's merchandise exports in January 2024 had stood at $37.32 billion.
As per data released by Ministry of Commerce and Industry, India's merchandise imports surged to $59.42 billion in January this year from $53.88 billion in the corresponding period last year.
Accordingly, India's merchandise trade deficit during January 2025 stood at $22.99 billion.
As per official data, services exports from India during January this year stood at $38.55 billion as compared to $31.01 billion in the corresponding period last year thus registering a healthy growth of 24.31%.
India's overall exports (...