Trade deficit falls to $8.13 billion in February

India's exports declined 3.67 per cent to $25.68 billion in February. Imports fell 17.09 per cent to $33.81 billion, resulting in a trade deficit of $8.13 billion. India recorded  $14.1 billion trade deficit in the same month last year.

For the April-February period, exports were up 4.79 per cent to $282.7 billion, according to data released by the Ministry of Commerce and Industry on Tuesday.

Imports during the 11-month period fell 8.65 per cent to $410.86 billion. The trade deficit during this period was $128 billion.

Oil imports in February declined 3.1 per cent to $13.69 billion.