India’s exports declined by 2.83 per cent to $33.90 billion in November this 12 months in comparison with $34.89 billion a 12 months in the past, authorities knowledge launched on Friday confirmed.
Imports additionally declined to $54.48 billion within the month into consideration, as towards $56.95 billion recorded in November 2022.
The nation’s commerce deficit in November stood at $20.58 billion.
Through the April-November interval of this fiscal 12 months, exports contracted by 6.51 per cent to $ 278.8 billion.
Imports through the eight-month interval fell by 8.67 per cent to $445.15 billion.
Commerce Secretary Sunil Barthwal stated that regardless of the worldwide slowdown, India’s export numbers are doing good.
