India’s Feb trade deficit widens to $20.88 billion – trade ministry

India’s merchandise trade deficit in February widened to $20.88 billion from $13.12 billion during a year ago period, revised data released by the government showed on Monday.

India’s merchandise exports rose by a one-fourth to $34.57 billion from $27.63 billion a year earlier, while imports rose 36.07% to $55.45 billion in February from $40.75 billion last year.
Source: Reuters (Reporting by Manoj Kumar and Aftab Ahmed)