India's January trade deficit narrows to $14.54 billion

The merchandise trade deficit was $15.3 billion in January 2020.

India's trade deficit in goods narrowed to $14.54 billion in January as exports grew faster than imports, revised data released by the government on Monday showed.

The merchandise exports rose 6.16% in January from a year earlier to $27.45 billion, while imports were up 2.03% to $42 billion, the data showed. (Representative Image) (AP)

The merchandise trade deficit was $15.3 billion in January 2020.

The merchandise exports rose 6.16% in January from a year earlier to $27.45 billion, while imports were up 2.03% to $42 billion, the data showed.