Indian exports decline by 0.8% in December 2020

India’s exports have marginally declined by 0.8% i.e., $26.89 billion in Dec 20 the major reason for it could be contraction in demands in sectors like petrol, leather & marine products. The deficit increased to $15.71 billion and imports increased to  7.6% i.e.e, $42.6 billion as per the data released by Ministry.

In Dec 2019 exports were at $27.11 billion and imports were at $39.5 billion. In Nov 2020, exports were down by 8.74%.





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