Exports up 9.3 pct to $ 14.60 bn in Dec

India's exports grew for the second straight month in by 9.3 pct to USD 14.60 billion.

The country’s exports grew for the second straight month in December by 9.3 per cent to USD 14.60 billion (around Rs 68,000 crore). Overseas shipments were USD 13.36 billion in December 2008.

Imports also turned around in December after 11 months,rising by 27.2 per cent to USD 24.75 billion compared to USD 19.45 in December 2008,according to the official data released on Monday.

Exports had turned positive in November after falling for 13 straight months due to impact of the financial crisis. The shipments abroad had risen by 18.2 per cent to USD 13.19 billion in November. During April-December this fiscal,merchandise consignments dropped by 20.3 per cent to USD 117.58 billion.

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Imports were valued at USD 193.82 billion in April- December 2009-10 against USD 253.80 billion in the same period last fiscal.

The trade deficit in December rose to USD 10.14 billion from USD 6 billion in December 2008.

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