<h1>India's 2017-18 trade deficit widens to $87.17 billion as exports rise but imports surge more sharply.</h1> India's foreign trade for the fiscal year 2017-18 saw merchandise exports rise to $302.84 billion, a 9.78% increase from the previous year, while imports surged by 19.59% to $459.67 billion, resulting in a trade deficit of $156.83 billion. Non-petroleum and non-gems and jewelry exports grew by 10.73%. Services exports for February 2018 were $15.71 billion, with imports at $10.14 billion, leading to a services trade surplus of $5.57 billion. Overall, the combined trade deficit for merchandise and services reached $87.17 billion, significantly higher than the previous year's $47.70 billion.