
New Delhi - India’s outbound shipments to four of top 10 export destinations – United Arab Emirates (UAE), the Netherlands, China, and Singapore – contracted in December last year, which led to a decline of 1 per cent to $38 billion in the country’s overall merchandise exports, data from the commerce department showed.
Exports to China witnessed the sharpest decline at 26.15 per cent, followed by the Netherlands at 25.89 per cent, UAE at 23 per cent, and Singapore at 10.95 per cent, respectively.
Alternatively, the US continued to remain . . .
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