Economy India's exports shrink for sixth straight month in January, drop 1.66% to $25.97 billion Updated : February 15, 2020 12:44 PM IST Gold imports shrunk by about 9 percent to $1.58 billion during the month under review. In January, while oil imports grew 15.27 percent to $12.97 billion, non-oil imports fell by 6.72 percent to $28.17 billion. Meanwhile, an RBI release showed that services export for December 2019 stood at about $20 billion while imports were at $12.56 billion. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.