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of <h1>India's January 2014 Exports Up 3.79% in Dollar Terms; Imports Drop 18.07%, Lowering Trade Deficit Significantly.</h1> In January 2014, India's exports, including re-exports, increased by 3.79% in Dollar terms and 18.62% in Rupee terms compared to January 2013, reaching USD 26,752.36 million. Cumulatively, from April 2013 to January 2014, exports rose by 5.71% in Dollar terms. Imports in January 2014 decreased by 18.07% in Dollar terms, with a cumulative decline of 7.81% from April 2013 to January 2014. Oil imports fell by 10.1% in January 2014, while non-oil imports dropped by 22%. The trade deficit for April 2013 to January 2014 was USD 119,956.06 million, lower than the previous year's deficit.
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