India's exports contract 1% to $38.01 billion in December
Imports increased by 4.8 per cent to $59.95 billion in December 2024 compared to USD 57.15 billion in the year-ago month.
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India's merchandise exports dipped by about one per cent to USD 38.01 billion in December 2024 against USD 38.39 billion a year ago, according to government data released on Wednesday.
Imports increased by 4.8 per cent to USD 59.95 billion in December 2024 compared to USD 57.15 billion in the year-ago month.
The trade deficit, or the gap between imports and exports, stood at USD 21.94 billion during the month under review.
During April-December this fiscal, exports increased by 1.6 per cent to USD 321.71 billion and imports by 5.15 per cent to USD 532.48 billion.
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