India's exports in December 2021 rose 37 per cent on an annual basis to $37.29 billion, according to government data, with Commerce minister Piyush Goyal tweeting that it was the "highest ever goods export in the history of India".
India's exports in December 2021 rose 37 per cent on an annual basis to $37.29 billion, according to government data, with Commerce minister Piyush Goyal tweeting that it was the "highest ever goods export in the history of India".
Outbound shipments during April-December 2021 crossed $300 billion, exceeding the exports of 2020-21, as per data provided by the Commerce ministry.
Addressing a press conference, Mr Goyal said that the country's exports of goods will cross $400 billion this fiscal.
Cumulative export for April-December 2021 period rose to $299.74 billion, which is 48.85 per cent higher than $201.37 billion recorded in the corresponding period of the previous year, the data revealed.
India's merchandise import in December 2021 rose to $59.27 billion, an increase of 38.06 per cent over $42.93 billion in December 2020.
During April-December 2021 period the total import rose to $443.71 billion, an increase of 69.27 per cent over $262.13 billion recorded in the corresponding period of 2020.
The trade deficit in December 2021 was $21.99 billion, while it was $143.97 billion during April-December 2021.
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