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oi- Rahul Kumar

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Published: Friday, January 14, 2022, 14:44 [IST]

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New Delhi, January 14: In December 2021, the country’s exports grew by 38.91 per cent year-on-year to .8 37.81 billion. This growth is due to better performance in areas like engineering, textiles and chemicals. As a result, the country’s trade deficit widened to .6 21.68 billion in December. Imports also grew by 38.55 per cent to 59 59.48 billion in December 2021. During April-December 2021-22, exports grew by 49.66 per cent to 1 301.38 billion.

India's total exports in December 2021 are estimated at 57 57.87 billion.

During the period, imports increased by 68.91 per cent to 44 443.82 billion, leaving a trade deficit of 14 142.44 billion, according to data released by the Commerce Ministry. Exports of merchandise stood at US 37 37.81 billion in December 2021, a positive increase of 38.91 per cent over US $ 27.22 billion in December 2020. Compared to December 2019, exports in December 2021 have recorded a positive growth of 39.47 per cent.

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India’s total exports (combined trade and services) are projected to reach .8 57.87 billion in December 2021, a positive increase of 25.05% over the same period last year and 23.35% over December 2019. Total imports are estimated at USD 72.35 billion in December 2021, an increase of 33.86% over the same period last year.

English content

India’s total exports in December 2021 are estimated at 57 57.87 billion.

Story First Published: Friday, January 14, 2022, 14:44 [IST]

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