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Trade gap narrows as oil imports fall

The UK's trade deficit narrowed in November after the value of oil imports fell.

India's new government is expected to address the issue of the country's trade gap when it presents its first budget on 10 July.

Japan's trade deficit narrows in February to its lowest level in nine months as exports rise 9.8%.

Japan's monthly trade deficit more than doubles to a new record after a weakened currency drives up the cost of fuel imports.

ITALY - While Italian imports of pig meat were higher in the first nine months of 2013 than the year before, its exports declined.

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