November 08 exports down 9.9%

November 08 exports down 9.9%
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First Published: Thu, Jan 01 2009. 01 52 PM IST
Updated: Thu, Jan 01 2009. 01 52 PM IST
New Delhi: The exports fell an annual 9.9% in November 2008 to $11.5 billion, government data showed on Thursday, a second consecutive drop as the global slowdown slashes demand.
The trade deficit narrowed to $10.07 billion in November compared with $10.54 billion in October 2008.
Imports were up an annual 6.1% at $21.57 billion in November 2008, while oil imports rose 11.9% during the month from a year earlier to $7.25 billion.
Exports during April to November 2008 were up 19.4% at $119.3 billion from a year earlier, while the trade deficit during the period stood at $84.34 billion, from $53.2 billion a year ago.
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First Published: Thu, Jan 01 2009. 01 52 PM IST
More Topics: India | Economy | Exports | Imprts | Oil |