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Nov exports rise 3.9% at $22.3 bln y/y

Last Updated: Monday, January 2, 2012 - 14:30

New Delhi: India's November exports rose an annual 3.87 percent to USD22.3 billion, while imports for the month rose 24.55 percent to USD35.9 billion, the government said in a statement on Monday.

India's trade deficit in November was at USD13.6 billion. Oil imports for the month grew 32.3 percent to USD10.3 billion, the statement released by the trade ministry said.

Exports between April and November were at USD192.7 billion.

Last month, the government admitted it had accidentally inflated the 2011 export figures by more than USD9 billion, due to a glitch in the computer system.

Bureau Report

First Published: Monday, January 2, 2012 - 14:30
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