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<h1>India's February 2012 Exports Rise by 4.28%, Imports Surge 20.65%, Trade Deficit Widens to $166.7 Billion.</h1> India's exports in February 2012 reached $24,618.08 million, marking a 4.28% increase in dollar terms compared to February 2011. The cumulative export value from April 2011 to February 2012 was $267,409.89 million, a 21.42% increase from the previous year. Imports in February 2012 were $39,781.68 million, a 20.65% rise from February 2011. From April 2011 to February 2012, imports totaled $434,159.81 million, up 29.41% from the prior year. The trade deficit for this period was $166,749.92 million, compared to $115,261.03 million the previous year. Oil imports saw significant growth, with a 39.45% increase in February 2012.
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