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Exports of India Increased By 0.8 Per Cent in January 2013

Feb 14, 2013 10:54 IST

The exports of India increased by 0.8 percent in the month of January 2013 to 25.58 billion US dollars. Comparatively, exports in January 2012 were 25.37 billion US dollars.

Imports on the other hand, increased by 6.12 percent to 45.5 billion US dollars. During April to January 2012-2013, the overseas shipments of India dropped by 4.86 percent to 239.6 billion US dollars. The main concern for the country is however to widen the trade deficit.

As a cumulative result, the exports depicted an arrest in decreasing exports. Now, the result is -4.9 percent. Import of crude oil was growing at a faster pace. Oil imports in January 2013 increased by 6.91 percent to 15.89 billion US dollars in comparison to 14.87 billion US dollars in January 2012.

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Read more Current Affairs on: exports of India , Oil imports , trade deficit

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