According to the data released by the Ministry of Commerce and Industry, exports during 2017-18 grew by 9.78 per cent to $302.84 billion from $275.85 billion reported for 2016-17.
The country's imports during the month under review rose by 7.15 per cent to $42.80 billion in March 2018 from $39.95 billion in the like period of 2017.
Besides, the data revealed that imports during 2017-18 grew by 19.59 per cent to $459.67 billion from $384.36 billion reported for 2016-17.
Consequently, India's merchandise trade deficit widened to $13.69 billion during last month as against $10.65 billion in the corresponding period the previous year.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
