India’s Jan trade deficit touches $17.94 billion – trade ministry

NEW DELHI (Reuters) – India’s merchandise trade deficit in January touched $17.94 billion, preliminary data released by the government showed on Tuesday.

India’s merchandise exports rose $34.06 billion from $27.54 billion a year earlier, while imports rose $52.01 billion in January from $42.03 billion last year.

(Reporting by Manoj Kumar; Editing by Andrew Heavens)

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