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Exports rise 5.72% in Dec

NEW DELHI:Exports continued to grow for the fourth straight month in December 2016, expanding by 5.72% to $23.9 billion compared to $22.6 billion in the same month of previous year.

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New Delhi, January 13 

Exports continued to grow for the fourth straight month in December 2016, expanding by 5.72% to $23.9 billion compared to $22.6 billion in the same month of previous year.

Imports too rose by 0.46% to $34.25 billion during the month under review, leaving a trade deficit of $10.36 billion.

During April-December period, exports grew marginally by 0.75% to $198.8 billion. However, imports dipped 7.42% to $275.3 billion.

Trade deficit during the nine-month period stood at $76.54 billion as against $100 billion in the same period last year. — PTI

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