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    <title>INDIA’S FOREIGN TRADE: April, 2017</title>
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    <description>Merchandise exports grew strongly in April 2017 while imports rose more sharply-led by crude oil and non-oil categories-widening the monthly merchandise trade deficit; services showed a monthly surplus in March 2017 and an annual services surplus for April-March 2016-17 that partially offset the larger merchandise deficit, resulting in a narrower overall April-March 2016-17 trade deficit. Provisional tables and rupee valuations are provided, and higher Brent prices are identified as a driver of increased oil import values.</description>
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