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India’s merchandise exports fall in Nov, down 24.43% YoY

Indian exporters shipped goods worth USD 20.01 billion last month, lower than USD 21.35 billion provisionally reported in October.

India’s merchandise exports shrank for a 12th straight month in November, falling an annual 24.43 percent, government data showed on Tuesday.

Indian exporters shipped goods worth USD 20.01 billion last month, lower than USD 21.35 billion provisionally reported in October.

The trade deficit for November came in at USD 9.78 billion compared with a provisional USD 9.77 billion a month ago, the data released by the Ministry of Commerce and Industry showed.

Imports fell 30.26 percent from a year earlier to USD 29.80 billion, the data showed.

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