Saturday, Jan 2 2021 | Time 14:42 Hrs(IST)
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  • BCCI Chief Sourav Gagnuly admitted to hospital
  • BCCI Chief Sourav Gagnuly admitted to hospital
  • Sourav Ganguly hospitalised with chest pain
  • Farmers' agitation enters day 38 amid biting cold, overcast skies
  • Free COVID vaccine for all: Health Minister
  • News of Covishield vaccine being recommended by Subject expert committee a big gift for Indians : Dr Subhrajyoti Bhowmick
  • Exports in Dec fall 0 8 pc, Trade deficit widens
  • President, PM condole death of Congress leader Buta Singh
  • At least eight injured in militant grenade attack in Pulwama
  • Militant grenade attack in Pulwama, 2 injured
  • Arunachal records more Covid recoveries
  • nCoV: India's active caseload slumps to 2 50 lakh
  • PM condoles Buta Singh's demise
  • COVID-19 vaccine dry run held at 5 districts in Tamil Nadu
  • COVID vaccination dry run begins in 125 districts
IndiaPosted at: Jan 2 2021 12:47PM


Exports in Dec fall 0.8 pc, Trade deficit widens

New Delhi, Jan 2 (UNI) India's exports shrank by 0.8 per cent, as it recorded trade of USD26.89 billion as of December 2020 as compared to USD27.11 billion in the same month in 2019.
The decline was due to contraction in sectors like petroleum, leather and marine products, preliminary data released by the commerce ministry on Saturday showed.
The data revealed that trade deficit widened by 25.78 per cent to USD 15.71 billion, as compared to the trade deficit of USD12.49 billion in December 2019.
Exports in December 2019 was USD27.11 billion, while imports stood at USD39.5 billion. In November 2020, the exports were down by 8.74 per cent.
In April-December 2020-21, the country's merchandise exports contracted by 15.8 per cent to USD200.55 billion, as compared to USD238.27 billion in the same period of 2019-20.
Imports during the nine months of the current fiscal declined by 29.08 per cent to USD258.29 billion, as against USD364.18 billion in April-December 2019-20.
"India is thus a net importer in December 2020, with a trade deficit of USD 15.71 billion, as compared to a trade deficit of USD 12.49 billion, widened by 25.78 per cent," the ministry said in a statement.
In December 2020, oil imports declined by 10.37 per cent to USD 9.61 billion. During April-December this fiscal, the imports dipped by 44.46 per cent to USD 53.71 billion.
UNI SRJ SB 1246
Tags: #Exports in Dec fall 0.8 pc# Trade deficit widens
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