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  • Indian exports decline 12.22% YoY to $34.48 billion in December: Govt data

    National
    Indian exports decline 12.22% YoY to $34.48 billion in December: Govt data
    The nation's exports increased by 9% to $332.76 billion from April through December of this fiscal year. To reach $ 551.7 billion throughout the time, imports rose by 24.96%.

    Digital Desk: India’s exports decreased to $34.48 billion in December 2022 from $39.27 billion in the same month the year before, according to data issued by the government on Monday. This represented a 12.2% decrease from the prior year.

    The report, which was made public by the trade ministry, also revealed that the nation's imports fell to $58.24 billion in December 2022 from $60.33 billion in the same month the year before.

    The nation's exports increased by 9% to $332.76 billion from April through December of this fiscal year. To reach $ 551.7 billion throughout the time, imports rose by 24.96%.