India's Trade Deficit Expands

India's Trade Deficit Expands

India’s trade deficit from April 2012 to January 2013 was $167.2 billion, expanding from last year’s deficit of $154.9 billion during the same period in the previous year.

The value of exports from April to January was $239.7 billion, falling 5 percent from $251.9 billion during the same period from 2011 to 2012. The value of imports from April to January was $406.9 billion, basically flat year-over-year compared with $406.8 billion.