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India's January trade deficit widens to $14.73 billion

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Reuters NEW DELHI
Last Updated : Feb 15 2019 | 6:25 PM IST

NEW DELHI (Reuters) - India's trade deficit widened to $14.73 billion in January, mainly pushed by rise in gold imports, the trade ministry said in a statement on Friday.

Trade deficit had narrowed to $13.08 billion in December.

In January, merchandise exports rose 3.74 percent from a year earlier to $26.36 billion, while imports were up 0.01 percent to $41.09 billion, data showed.

The gold imports in January rose 38.16 percent year-on-year to $2.31 billion.

(Reporting by Manoj Kumar; Editing by Rashmi Aich)

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First Published: Feb 15 2019 | 6:21 PM IST

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