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    <title>INDIA’S FOREIGN TRADE FOR JANUARY 2021</title>
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    <description>Combined merchandise and services exports for April-January 2020-21 are estimated lower than the prior year while overall imports fell more sharply, producing a substantially reduced overall deficit for the period. January 2021 merchandise exports rose in dollar and rupee terms, led by non-petroleum and non-gems &amp; jewellery categories, whereas oil imports declined significantly and non-oil imports rose in January but fell cumulatively. Services receipts and payments for December 2020 declined year-on-year, with January 2021 service estimates provisional.</description>
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