Continuing the positive growth path, India’s exports grew by 4.5 per cent in February to $ 25.8 billion, Commerce Secretary Rita Teaotia said today.
Imports too rose by 10.4 per cent to $ 37.8 billion during the last month, leaving a trade deficit of $ 12 billion.
The country’s merchandise exports are showing continuous positive growth, Teaotia told reporters here.
During April-February period of the current fiscal, exports recorded a growth of 11 per cent to $ 273.7 billion, while imports grew by 21 per cent to $ 416.87 billion.
Oil imports in February rose by 32 per cent.
Export sectors, which are recording healthy growth so far includes chemicals, engineering goods and petroleum products.