India's exports in January fell 6.58% to $32.91bn
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/3fd1b89edb84e83df79fe05584ea589d.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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.
![](https://portfolio.investmentguruindia.com/uploads/news/stock37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker_5.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/yen27.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Noah Sadaoui.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/kotak securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ESAF Bank Logo.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/BPCL x IOA.jpg)