Exports rise 3.12 pc in January despite Red Sea crisis; trade gap shrinks to 9-month low

India's exports rose to USD 36.92 billion in January, with a trade deficit of USD 17.49 billion. Imports grew to USD 54.41 billion. Crude oil imports rose by 4.33% to about USD 16.56 billion. Gold imports jumped by about 174% to USD 1.9 billion. April-January exports dipped by 4.89% to USD 353.92 billion. Imports contracted by 6.71% to USD 561.
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