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Exports up 5.86 pc in November; imports dip by 16.37 pc

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Press Trust of India New Delhi
India's exports grew by 5.86 per cent in November to USD 24.6 billion, while imports dipped to the lowest level in more than two and a half years, helping narrow the trade deficit.

Imports in November this year fell by 16.37 per cent to USD 33.83 billion, which is the lowest figure since March 2011, Director General of Foreign Trade Anup Pujari told reporters here.

Trade deficit during the month under the review stood at USD 9.22 billion as against USD 17.2 billion in the same month last year.

Gold and silver imports in November 2013 dipped to USD 1.05 billion from USD 5.4 billion in the same period last year.
 

During April-November period this fiscal, the imports aggregated at USD 25.5 billion. It was USD 33.5 billion in November 2012.

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First Published: Dec 11 2013 | 12:30 PM IST

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