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of <h1>India's January 2022 Exports Surge 23.69% to $34.06B; Trade Deficit Hits $17.94B Amid Rising Imports.</h1> India's merchandise exports in January 2022 rose by 23.69% to USD 34.06 billion compared to January 2021, and by 31.75% compared to January 2020. For the period April 2021 to January 2022, exports increased by 46.53% to USD 335.44 billion over the same period in the previous year. Imports in January 2022 were USD 52.01 billion, up 23.74% from January 2021. The trade deficit for January 2022 was USD 17.94 billion. Non-petroleum and non-gems and jewelry exports also saw significant growth, with a 20.1% increase in January 2022 compared to the previous year.
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