The trade deficit was $17.58 billion a year ago
The trade deficit was $17.58 billion a year ago

November trade deficit narrows to $12.12 billion; exports contract marginally

  • November imports fall 12.71% to $38.11 bn
  • Oil imports fell 18.17% to $11.06 billion in November from $13.52 billion in the year-ago period

New Delhi: India's trade deficit narrowed to $12.12 billion in November from $17.58 billion a year ago, the trade ministry said on Friday.

Oil imports fell 18.17% to $11.06 billion in November from $13.52 billion in the year-ago period.

Merchandise exports fell 0.34% to $25.98 billion in November, compared with a year earlier, while imports were down 12.71% at $38.11 billion, the data showed.

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

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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