Friday 15 February 2019

India's Jan trade deficit widens to $14.73 billion: Trade ministry -The Total Investment & Insurance Solutions


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15 February 2019
 
India's trade deficit (The Total Investment & Insurance Solutions)


India's trade deficit widened to $14.73 billion in January, mainly pushed by rise in gold imports, the trade ministry said in a statement on Friday. 

Trade deficit had narrowed to $13.08 billion in December. 

In January, merchandise exports rose 3.74 percent from a year earlier to $26.36 billion, while imports were up 0.01 percent to $41.09 billion, data showed. 

The gold imports in January rose 38.16 percent year-on-year to $2.31 billion. The Total Investment & Insurance Solutions

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