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Exports in January fell 6.58% to $32.91bn
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IANS | 15 Feb, 2023
India's exports in January fell by 6.58 per cent to $32.91 billion as
against $35.23 billion in the same month last year, a data stated on
Wednesday.
The fall was due to slowdown in global demand.
Similarly,
imports also declined in January by 3.63 per cent to $50.66 billion as
against $52.57 billion in the same month last year.
Trade deficit in January was $17.75 billion, a 12-month low.
Cumulatively,
however, during April-January 2022-23, the country's merchandise
exports rose 8.51 per cent to $369.25 billion, while imports increased
21.89 per cent to $602.20 billion, the data showed.
Export
sectors that recorded negative growth during the 10-month period of this
fiscal include engineering goods, iron ore, plastic and linoleum, gems
and jewellery.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
|
84.65 |
Euro
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78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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