Exports rise to (Dollar) 27 bn in December

New Delhi, Jan 15 : India's exports grew to (Dollar) 27.03 billion in December 2017 from (Dollar) 26.19 billion in November 2017 and (Dollar) 24.05 billion during the corresponding month of previous year, official data showed on Monday.

According to the Ministry of Commerce and Industry, exports during last month exhibited a growth of 12.36 per cent on a year-on-year (Y-o-Y) basis.

"Exports during December 2017 have exhibited positive growth of 12.36 per cent in dollar terms vis-a-vis December 2016," the ministry said in a statement.

"Exports have been on a positive trajectory since August 2016 to December 2017 with a dip of 1.1 per cent in the month of October 2017."

However, the country's imports during the month under review also increased to (Dollar) 41.91 billion from (Dollar) 40.02 billion in November and (Dollar) 34.60 billion reported for the corresponding period of the previous year.



Source: IANS