<h1>India's February 2018 Merchandise Exports Up 4.48%, Imports Up 10.41%, Trade Deficit at $11.98 Billion.</h1> India's merchandise exports in February 2018 grew by 4.48% to $25,834.36 million compared to February 2017, with significant increases in petroleum products, chemicals, and pharmaceuticals. Imports rose by 10.41% to $37,813.57 million, driven by higher oil and machinery imports, resulting in a trade deficit of $11,979.21 million. Cumulatively, exports from April 2017 to February 2018 increased by 11.02%, while imports surged by 21.04%. The overall trade deficit for this period was $85,704.73 million. Service exports in January 2018 showed a slight increase, while imports slightly declined, maintaining a positive services trade balance.