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LATEST NEWS UPDATES | India's exports fall for fifth straight month in December

India's exports fall for fifth straight month in December

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published Published on Jan 16, 2020   modified Modified on Jan 16, 2020
-The Hindu Business Line

Imports fall 8.83 per cent, trade deficit shrinks to $11.25 billion

India's goods exports declined for the fifth straight month in December 2019 by 1.8 per cent (year-on-year) to $ 27.36 bn as key items such as petroleum, engineering goods and gems and jewellery continued to suffer due to low global demand.

Imports were down 8.83 per cent in December at $38.61 billion as all major items, including gold, witnessed a decline, as per figures released by the Commerce & Industry Ministry on Wednesday.

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The Hindu Business Line, 15 January, 2020, https://www.thehindubusinessline.com/economy/indias-exports-fall-for-fifth-straight-month-in-december-by-18-per-cent/article30573023.ece


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