Exports up 10.1%, imports grow by 20.3% in Jan | business | Hindustan Times
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Exports up 10.1%, imports grow by 20.3% in Jan

business Updated: Feb 09, 2012 12:24 IST

PTI
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Exports grew by 10.1% year-on-year to $25.4 billion, while imports increased by 20.3% in January, commerce secretary Rahul Khullar said on Thursday.

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% to $242.8 billion.

Imports grew by 29.4% 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 in New Delhi.