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Exports contract marginally to $25.98 bn in November


Date: 14-12-2019
Subject: Exports contract marginally to $25.98 bn in November
India's exports contracted marginally by 0.34 per cent in November to $25.98 billion, while imports slowed to $38.11 billion, bringing down the trade deficit to $12.12 billion.

The exports in November last year were $26.07 billion, while the import bill stood at $43.66 billion.

The trade deficit during November 2018 was $17.58 billion.

Oil imports during the month under review were $11.06 billion, 18.17 per cent lower year on year.

Gold imports were estimated at $2.94 billion, up 6.59 per cent from $2.76 billion earlier.

Source: moneycontrol.com

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