India's December exports rose an annual 6.7% to USD 25 billion, while imports for the month rose 19.8% to $ 37.8 billion, leaving a trade deficit of $ 12.7 billion, the government said today (February 01, 2012).
Exports between April-December rose 25.8% to $ 217.6 billion. Oil imports for the month rose 11.2% to $ 10.3 billion.
Indian exporters enjoyed record growth last fiscal year, but have struggled in recent months in the face of economic turbulence in the European Union, which is India's biggest trade partner.
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Exports between April-December rose 25.8% to $ 217.6 billion. Oil imports for the month rose 11.2% to $ 10.3 billion.
Indian exporters enjoyed record growth last fiscal year, but have struggled in recent months in the face of economic turbulence in the European Union, which is India's biggest trade partner.
....more info