India's Merchandise Exports Up Marginally On Year In November

Merchandise exports stood at $31.99 billion last month, up 0.59% from $31.8 billion in November 2021, according to the data released by the government on Thursday. Merchandise exports had contracted 16.7% year on year to $29.8 billion in October.Imports rose a marginal 3.6% to $55.88 billion in November. Trade deficit stood at $23.89 billion during the month, down from $26.91 billion in October. During April-November 2022, exports stood at $295.26 billion against $265.77 billion in the same period last year, recording a growth of 11%.

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