Exports
of India in November 2013 grew by 5.86 percent and reached 24.6 billion dollars
against 23.25 billion dollars in November 2012. Apart from exports, the imports
fell by 16.37 percent to 33.83 billion dollars. This dip in imports is the
lowest level
in since March 2011. This helps in
narrowing the trade deficit.
The trade deficit in November 2013 under
the review stood at 9.22 billion dollars as against 17.2 billion dollars in
November 2012. Even the gold and silver imports dipped to 1.05 billion dollars
in November 2013 as compared to 5.4 billion dollars in November 2012. During
April-November period this fiscal, the imports aggregated at 25.5 billion
dollars.
