India’s exports up 20% in January to $13.41 billion

India’s exports grew by 20.47% in January to $13.14 billion, as compared to $10.90 billion in the same month last year.

Imports during the month stood at $22.5 billion, registering a growth of 63.57% over $13.75 billion in January 2007.

For the April-January period of the current fiscal, exports grew by 21.62% to $124.19 billion as compared to $102.11 billion in the year ago period.

Imports during the period expanded 29.63% to $191.6 billion from $147.8 billion a year ago.

Trade deficit for April-January is estimated at $67.4 billion, higher than $45.7 billion deficit in during the same period last fiscal.