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of <h1>India's Exports Grow by 0.93% in April-December 2019-20; Trade Deficit Narrows to USD 57.66 Billion.</h1> India's overall exports for April-December 2019-20 were estimated at USD 397.48 billion, marking a slight growth of 0.93% compared to the previous year. Imports during the same period were USD 455.14 billion, showing a decline of 5.82%. In December 2019, merchandise exports fell by 1.80% to USD 27.36 billion, while imports decreased by 8.83% to USD 38.61 billion. The trade deficit for December 2019 was USD 11.25 billion, down from USD 14.49 billion the previous year. The overall trade deficit for April-December 2019-20 was USD 57.66 billion, compared to USD 89.46 billion in the prior year.
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