The country's exports increased 1 per cent to USD 38.45 billion in December 2023, according to the data released by the government on Monday. Imports, however, declined by 4.85 per cent to USD 58.25 billion in December last year.
During April-December this fiscal, exports dipped by 5.7 per cent to USD 317.12 billion. Imports slipped by 7.93 per cent to USD 505.15 billion.
Commerce Secretary Sunil Barthwal said that despite a global slowdown, "we are" in the positive zone.
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