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<h1>India's December 2016 Exports Rise by 5.72%; Trade Deficit for April-December 2016-17 Drops 23.51.</h1> India's merchandise exports in December 2016 grew by 5.72% in dollar terms and 7.79% in rupee terms compared to December 2015. Cumulative exports from April to December 2016-17 showed a modest increase of 0.75% in dollar terms. Imports in December 2016 rose slightly by 0.46% in dollar terms, with cumulative imports for April-December 2016-17 decreasing by 7.42%. Oil imports increased by 14.61% in December 2016, while non-oil imports fell by 2.98%. The trade deficit for April-December 2016-17 decreased by 23.51% compared to the previous year, with an overall improvement in the trade balance.
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