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India’s Merchandise Export Rose 37 Percent In Dec

NEW DELHI– India’s merchandise export in Dec, 2021, stood at 37.29 billion U.S. dollars, the highest ever monthly achievement, showing an increase of 37.0 percent over the same month last year, showed official figures issued yesterday by the federal commerce ministry.

The export figure stood at 27.22 billion U.S. dollars in Dec, 2020.

Compared to 27.11 billion U.S. dollars’ worth of merchandise export in Dec, 2019, last month’s exports were an increase of 37.55 percent.

According to the ministry’s figures, the country’s merchandise export in Apr-Dec, 2021 was 299.74 billion U.S. dollars, an increase of 48.85 percent over 201.37 billion U.S. dollars in Apr-Dec, 2020, and an increase of 25.80 percent over 238.27 billion U.S. dollars in Apr-Dec, 2019.

India’s merchandise import in Dec, 2021, was 59.27 billion U.S. dollars, an increase of 38.06 percent over 42.93 billion U.S. dollars in Dec, 2020, and an increase of 49.7 percent over 39.59 billion U.S. dollars in Dec, 2019.

India’s merchandise import in Apr-Dec, 2021 was 443.71 billion U.S. dollars, an increase of 69.27 percent over 262.13 billion U.S. dollars in Apr-Dec, 2020, and an increase of 21.84 percent over 364.18 billion U.S. dollars in Apr-Dec, 2019.

The trade deficit in Dec, 2021 was 21.99 billion U.S. dollars, while it was 143.97 billion U.S. dollars during Apr-Dec, 2021.

Source: NAM NEWS NETWORK

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