Exports fell 0.34 percent to $ 25.98 billion in November, imports fell 12.71 percent to $ 38.11 billion.

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In November, India's exports were down 5.7 percent to $ 8 billion. Exports have seen a decline in the fourth month in a row. Exports declined in November due to declining export of petroleum, gems, jewelery and leather goods.

On the other hand, imports in November also declined by 5.5 per cent to $ 1.8 billion. Due to this, the trade deficit in November has declined to 5.5 billion. In November, gold imports were up 5.5 percent to $ 8 billion.

It was worth mentioning that the trade deficit in November 1, stood at $ 1.8 billion. Out of the 7 important sectors in November, exports of 7 sectors showed a decline. Exports of petroleum products, gems and jewelery, fruits and vegetables, leather and leather products, readymade garments saw a decline of 5.5 per cent, 8.2 per cent, 5.7 per cent, 8.5 per cent and 8.5 per cent, respectively.

Oil imports in November declined 5.2 percent to $ 1.8 billion. However, imports of non-oil items fell by 5.9 percent to $ 8 billion.

In the eight-month period from April to November, the headline said that exports were down by 8.2 percent to $ 8 billion, while imports were down 5.5 percent to $ 8 billion. During the same period, trade deficit fell to $ 1.8 billion. From April to November, $ 5 billion has been $ 1.8 billion.

Giving a statement on export and import data, EEPC India Chairman Ravi Sehgal said that the export of engineering goods has seen a growth of 8.5 per cent which is a good thing. While total exports are still low and increasing them is a daunting task.