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Exports up 10.1 Percent imports grow by 20.3 Percent in Jan
Wednesday, 08 February 2012, 23:11 Hrs
Bangalore: Exports grew by 10.1 percent year-on-year to $25.4 billion, while imports increased by 20.3 percent in January, Commerce Secretary Rahul Khullar said.
Imports stood at $40.1 billion in January 2012, resulting in a trade deficit of $14.7 billion.
During April-January 2011-12, the country's exports increased by 23.5 percent $242.8 billion.
Imports grew by 29.4 percent to $391.5 billion during the 10 months period. The trade deficit stood at $148.7 billion for the period.
"What you are looking at now is exports for the fiscal around $300 billion, imports at about $460 billion with a balance of trade of about $160 billion, " Khullar told reporters.
Source: PTI
Imports stood at $40.1 billion in January 2012, resulting in a trade deficit of $14.7 billion.
During April-January 2011-12, the country's exports increased by 23.5 percent $242.8 billion.
Imports grew by 29.4 percent to $391.5 billion during the 10 months period. The trade deficit stood at $148.7 billion for the period.
"What you are looking at now is exports for the fiscal around $300 billion, imports at about $460 billion with a balance of trade of about $160 billion, " Khullar told reporters.
Source: PTI
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