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    <title>India’s Foreign Trade: January 2018</title>
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    <description>Merchandise exports in January 2018 rose 9.07% in dollar terms driven by engineering goods, petroleum products, chemicals, drugs and pharmaceuticals, and gems and jewellery; imports rose 26.10% with strong increases in oil and several non oil categories. The merchandise trade deficit and the overall trade deficit (merchandise plus services) widened markedly for January and for the April-January cumulative period. Provisional commodity level estimates show mixed sectoral performance, and services trade for December 2017 recorded a surplus that partially offsets the merchandise shortfall.</description>
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