India's exports decline over 12% YoY in December, trade deficit at $23.76 billion

India's exports declined around 12% on a year-on-year basis to $34.48 billion in December 2022 as against $39.27 billion in the same month last year, government data showed on Monday. India's merchandise exports stood at $31.99 billion in the month before. India's merchandise trade deficit in December was largely flat at $23.76 billion compared with $23.89 billion in the previous month

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