4.18 per cent to USD 3.59 billion in February.
There was an increase in exports of marine products (63.3 per cent), iron ore (31.92 per cent), man-made yarn (19.57 per cent) and ready-made garments (15.54 per cent) last month.
India's Feb trade deficit narrows to $8.1 bn: trade ministry
(Reuters) - India's trade deficit narrowed in February on a sharp fall in imports, which would further ease pressure on the country's current account balance.
The trade deficit stood at $8.13 billion, more than 40 percent lower from a year ago, the data released by the trade ministry showed on Tuesday.
Imports continued to fall, driven by a decline in oil import bill and curbs on gold, the country's second-most expensive overseas purchase after oil.
Merchandise exports fell 3.67 percent from a year earlier to $25.69 billion, compared with 3.8 percent growth in January.
Imports fell 17.09 percent year-on-year to $33.82 billion, the data showed.a