Exports up 16.04% to $12.31 bn in Dec '07

India's exports registered a growth of 16.04 per cent to 12.31 billion dollars in December 2007, as against 10.61 billion dollars in the same month of 2006.

India's exports registered a growth of 16.04 per cent to 12.31 billion dollars in December 2007, as against 10.61 billion dollars in the same month of 2006.

Imports during the month were valued at 17.68 billion dollars, up 18.06 per cent, from 14.97 billion dollars in December 2006.

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For April-December period of 2007-08, India's exports stood at 111 billion dollars, registering a growth of 21.76 per cent, from 91.20 billion dollars in the corresponding period of the previous fiscal.

Imports for the April-December period of current fiscal grew 25.97 per cent to 168.87 billion dollars, compared to 134.05 billion dollars in the year ago period.

Trade deficit for April-December stood at 57.82 billion dollars.