Exports in February rise marginally, trade deficit widens
March 15, 2021
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Exports of goods in February 2021 posted a marginal increase of 0.67 per cent (year-on-year) to $ 27.93 billion pulled up by sectors such as pharmaceuticals, coal & minerals, iron ore, chemicals, plastics, carpets and some farm products.
Imports increased a sharper 6.96 per cent during the month to $40.54 billion resulting in widening of trade deficit by 24.14 per cent to $12.62 billion, as per quick estimates of trade data released by the Commerce and Industry Ministry on Monday.