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EXPORTS DIP MARGINALLY IN FEB; TRADE GAP NARROWS
The Free Press Journal
|March 17, 2026
GLOBAL TENSIONS | March shipments to see a 'southward' trend.
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The country's merchandise exports dropped marginally by 0.81% year-on-year to $36.61 billion in February, and the trade deficit narrowed to $27.1 billion compared to the previous month. The impact of the West Asia crisis will be reflected in the data for March, as the war began on February 28. The data will be released by mid-May.
Commerce Secretary Rajesh Agarwal said exports in March will see a "southward" trend due to logistical challenges amid geopolitical tensions.
This story is from the March 17, 2026 edition of The Free Press Journal.
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