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<h1>India's February 2008 Exports Surge 35.25%, Imports Up 30.53%; Trade Deficit Widens Compared to Previous Year.</h1> India's exports in February 2008 increased by 35.25% to USD 14,237.43 million compared to February 2007, while imports rose by 30.53% to USD 18,466.45 million. In rupee terms, exports grew by 21.7%, and imports by 17.45%. The cumulative export value from April 2007 to February 2008 was USD 138,427.83 million, a 22.9% increase, whereas imports for the same period were USD 210,895 million, up by 30.21%. Oil imports in February 2008 increased by 39.52%. The trade deficit from April 2007 to February 2008 was USD 72,467.16 million, higher than the previous year's deficit.
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