Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Economy / India's trade deficit at $21.7 bn in Dec as imports rise 38%
BackBack

India's trade deficit at $21.7 bn in Dec as imports rise 38%

India's merchandise exports for the month of December 2021 were $37.8 billion

Meanwhile, imports in reporting month grew 38.6% at 59.48 billionPremium
Meanwhile, imports in reporting month grew 38.6% at 59.48 billion

India's merchandise exports for the month of December 2021 were $37.8 billion, as compared to $27.22 billion in the same month last year, an increase of 39%, data released by the government showed on Thursday.

Meanwhile, imports in reporting month grew 38.6% at 59.48 billion, over imports of $42.93 billion in December 2020.

This leaves India with a trade deficit of $21.7 billion at the end of December. The trade deficit was $22.91 billion in November.

Exports for the April-December increased 49.6% to $301.3 billion, while imports too rose 68% to $443.82 billion for the period under review.

Non-petroleum and non-gems and jewellery exports in December 2021 rose 29.6% to 28.92 billion, while imports of the same segment increased 34% to $35.4 billion.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 13 Jan 2022, 06:35 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App