Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 19, 2022

India's Trade Performance Continues To Be impressive In December: CareEdge

India's Trade Performance Continues To Be impressive In December: CareEdge
Container ship sits docked at the JNPT in Navi Mumbai, Maharashtra, India. (Photographer Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CareEdge Research Report

India's merchandise exports and imports recorded the highest ever monthly numbers in December 2021. Exports exceeding the $30 billion mark for the 10th successive month and imports being over $50 billion for the fourth straight month.

Exports soared to $37.8 billion recording an annual growth of 38.9% and imports climbed to $59.5 billion, higher by 38.5% YoY.

Sequential momentum in trade has continued with exports and imports logging a growth of 19.1% and 12.5% respectively. However, higher imports have pushed the trade deficit to $21.7 billion from $21.1 billion in the previous month.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search