Imports reached USD 488.6 billion, leaving a trade deficit of USD 184.9 billion, Commerce Secretary Rahul Khullar said here today.
"This is the highest trade deficit and is a serious concern," he said.
Khullar also said gold imports, which contributed in increasing the bill, is expected to decline in the current fiscal (2012-13) due to the duties imposed by the government. PTI RR RK
