India's trade deficit widens to $22 billion in December

  • Posted on January 15, 2025
  • By Business News Today
  • 1 Views
India's trade deficit widens to $22 billion in December

India's trade deficit widened to $21.94 billion in December, with a contraction in exports for the second consecutive month. Imports rose to $59.95 billion. Gold imports saw significant revisions, affecting deficit calculations. Key export sectors faced declines while electronics and garments reported growth. Multiple FTAs are under negotiation.
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