Exports grew by 10.1 per cent year-on-year to $25.4 billion January while imports increased by 20.3 per cent.Speaking to Media persons in New Delhi today, Commerce Secretary Rahul Khullar said imports stood at $40.1 billion in January this year resulting in a trade deficit of 14.7 billion dollars.He said, during April-January 2011-12, the country's exports increased by 23.5 per cent to 242.8 billion US dollar. Mr Khullar said imports grew by 29.4 per cent to $391.5 billion during the 10 months period.