India’s commerce deficit in January 2024. (Representative picture)
India’s merchandise imports stood at $54.41 billion in January 2024
India’s merchandise exports in January 2024 stood at $36.92 billion, whereas imports had been $54.41 billion, in response to the newest official information launched on Thursday. The nation’s merchandise commerce deficit through the month stood at $17.49 billion.
In December 2023, merchandise exports had stood at $38.45 billion, whereas imports stood at $58.25 billion.
In January 2024, providers exports stood at $32.80 billion, whereas imports had been $16.05 billion. In the earlier month of December 2023, providers exports had stood at $27.88 billion and imports had been $13.25 billion.
India’s total exports (merchandise and providers mixed) in January 2024 stood at $69.72 billion, exhibiting a optimistic progress of 9.28 per cent over January 2023. Overall imports in January 2024 is estimated to be $70.46 billion, exhibiting a optimistic progress of 4.15 per cent over January 2023.
During April-January 2023-24, India’s total exports stood at $638.37 billion, exhibiting a damaging progress of (-) 0.19 per cent over April-January 2022-23. Overall imports in April-January 2023-24 had been at $708.79 billion, exhibiting a damaging progress of (-) 5.69 per cent over April-January 2022-23.
