India’s exports reached $ 27.15 billion in December 2020. While imports increased by 7.56 percent to reach $ 42.59 billion. This information has been received from the official data released on Friday. Merchandise exports stood at $ 27.11 billion in December 2019, while imports totaled $ 39.59 billion. According to government data, the trade deficit for December 2020 stood at $ 15.44 billion, up from $ 12.49 billion in December 2019. It has increased by 23.66 percent. This information has been received from government data.
According to the data, India’s total exports (merchandise and services) stood at $ 348.49 billion in April-December 2020-21, a negative growth of 12.65 percent over the same period last year. During April-December, total imports fell by 25.86 per cent year-on-year to $ 343.27 billion.
According to the data, exports of petroleum products fell 35.35 percent to $ 2.34 billion in December. While readymade garments fell 15.05 per cent to $ 1.19 billion. However, exports of electric goods rose 16.51 per cent to $ 1.25 billion. And chemical exports grew by 10.79 percent to $ 2 billion.
Shipments of rice, tea, spices and oil spices were also higher in December 2020 than in the same month last year.
