IBEF:
 

New Delhi: Exports grew by 9.3 per cent to US$ 14.6 billion in December 2009, recording positive growth for the second month in a row.

Imports too registered an impressive growth of 27.2 per cent in December 2009, reflecting surge in the domestic economic activity as well as exports.

Exports grew by 18.2 per cent in November 2009. Exports in December increased to US$14.6 billion from US$ 13.36 billion a year ago.

According to the data, oil imports during the first nine months of this fiscal stood at US$ 56.91 billion against US$ 81.10 billion April-December 2008-09. Increase in imports in December comprises of non-oil imports.