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of <h1>India's December 2021 Exports Hit Record USD 37.29B, Up 37%; Trade Deficit at USD 21.99B.</h1> India's merchandise exports reached a record high of USD 37.29 billion in December 2021, marking a 37% increase from December 2020. For April-December 2021, exports totaled USD 299.74 billion, up 48.85% from the previous year. Imports in December 2021 were USD 59.27 billion, a 38.06% rise from December 2020, leading to a trade deficit of USD 21.99 billion. The cumulative import value for April-December 2021 was USD 443.71 billion, resulting in a trade deficit of USD 143.97 billion. The growth in exports and imports was attributed to various commodity groups, with significant increases in petroleum products, electronic goods, and engineering goods.
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