India’s Exports Down, Imports Up in November

India’s exports in November were valued at $22.3 billion, a 4.17 percent decrease from $23.3 billion in November 2011. Imports in November were worth $41.6 billion, increasing 6.35 percent compared with last year’s $39.1 billion.

From April to November, exports were $189.2 billion and imports were $318.7 billion, falling 5.95 percent and 1.58 percent respectively, compared with the same period last year.

The trade deficit for April to November was estimated at $129.5 billion, which was higher than last year’s deficit of $122.6 billion for the corresponding period.

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