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Merchandise exports grew 5.72% to $23.88 billion in December

India's trade deficit narrowed to $10.37 billion

Trade deficit, ship,
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Workers load wheat onto a cargo ship at Mundra port in Gujarat. <b>Photo: Reuters</b>

Reuters
India's trade deficit narrowed to $10.37 billion in December from provisional $13 billion a month ago, government data showed on Friday.

Merchandise exports grew 5.72 per cent year-on-year to $23.88 billion last month, while imports rose 0.46 per cent year-on-year to $34.25 billion, the data showed.