![India's annual trade deficit widens to $17.49 bn in Jan](https://images.assettype.com/fortuneindia%2F2022-03%2F7f1aec16-4424-4dec-afa3-8f6be317343c%2Fexports.jpg?rect=0,71,1932,966&w=300&q=95)
India's annual trade deficit widens to $17.49 bn in Jan
Overall trade deficit dipped 37.11% to $70.43 billion in April-January 2023-24 from $111.99 billion in the year-ago period.
Overall trade deficit dipped 37.11% to $70.43 billion in April-January 2023-24 from $111.99 billion in the year-ago period.
Labour-intensive sectors also contributed to the exports basket, which itself is a good sign, further helping job creation in the country.