Goods exports fall for 3rd month, trade deficit widens
India's goods exports declined for the third consecutive month in January due to lower oil prices, while imports saw the fastest growth since April, leading to a trade deficit. Non-oil exports showed a significant increase, and services exports also outpaced goods, indicating India's strong export performance despite global conflicts and tariff actions.
India's goods exports declined for the third consecutive month in January due to lower oil prices, while imports saw the fastest growth since April, leading to a trade deficit. Non-oil exports showed a significant increase, and services exports also outpaced goods, indicating India's strong export performance despite global conflicts and tariff actions.
