Business Standard

India's total exports rise marginally to $27.15 billion in December

Imports surged 7.56 per cent to $42.59 billion, official data showed on Friday

exports, imports, trade, FTA

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Press Trust of India New Delhi

India's exports rose marginally to USD 27.15 billion in December 2020, while imports surged 7.56 per cent to USD 42.59 billion, official data showed on Friday.

The merchandise exports were valued at USD 27.11 billion in December 2019 while imports had totalled USD 39.59 billion.

"The trade deficit for December 2020 was estimated at USD 15.44 billion as against the deficit of USD 12.49 billion in December 2019, which is an increase of 23.66 per cent," according to the government data.

India's overall exports (merchandise and services) in April-December 2020-21 were estimated at USD 348.49 billion, exhibiting a negative growth of 12.65 per cent over the same period last year, the data showed.

 

Overall imports during April-December declined 25.86 per cent on an annual basis to USD 343.27 billion.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 15 2021 | 7:48 PM IST

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