India achieves the highest ever export of 37.29 billion dollars in December.
Delhi: Commerce Minister Piyush Goyal has said India’s exports in December surged 37 per cent on an annual basis to 37.29 billion US Dollars, which is the highest-ever monthly figure. He said India’s exports of goods will cross 400 billion dollars this fiscal. Imports in December too rose by 38 per cent to 59.27 billion dollars on account of an increase in oil imports, which soared 65.17 per cent to 15.9 billion dollars.
Cumulatively, during April-December 2021-22 exports rose by 48.85 per cent to 299.74 billion dollars. Imports during the period increased by 69.27 per cent to 443.71 billion dollars, leaving a trade deficit of 143.97 billion dollars.
Federation of Indian Export Organisations (FIEO) President A Sakthivel said looking at the current trend, India will achieve the 400 billion dollar merchandise exports target for the current fiscal.
