India’s exports in December 2019 declined by 1.80 pc to USD 27.36 billion

New Delhi [India], Jan 16 (ANI): India’s exports in December last year declined by 1.80 per cent to USD 27.36 billion as compared to USD 27.86 billion in December 2018.

As per the official details, in rupee terms, exports were Rs 1,94,764.74 crore in December 2019 as compared to Rs 1,97,044.76 crore in December 2018. The cumulative value of exports for the period April-December 2019-20 was USD 239.29 billion (Rs 16,84,558.61 crore) as against USD 244.08 billion (Rs 17,02,261.31 crore) during the period April-December 2018-19, registering a negative growth of (-) 1.96 per cent in dollar terms and (negative growth of (-)1.04 per cent in rupee terms).

The non-petroleum and non gems and jewellery exports in December 2019 were USD 21.05 billion as compared to USD 21.16 billion in December 2018, exhibiting a negative growth of (-) 0.54 per cent. The non-petroleum and non gems and jewellery exports in April-December 2019-20 were USD 177.81 billion, as compared to USD 177.65 billion for the corresponding period in 2018-19, an increase of 0.09 per cent.

The imports in December last year declined by 8.83 per cent to USD 38.61 billion as against USD 42.35 billion in December 2018. The cumulative value of imports for the period April-December 2019-20 was USD 357.39 billion (Rs 25,14,783.82 crore) as against USD 392.31 billion (Rs 27,37,092.01 crore) during the period April-December 2018-19, registering a negative growth of 8.90 per cent. Oil imports in December 2019 was 0.83 per cent lower at USD 10.69 billion as against USD 10.78 billion in December 2018.

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