India November trade deficit at record $23.27 billion

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India’s merchandise exports rose to $ 29.88 billion for the month from $ 23.62 billion in the same period last year, while imports rose to $ 53.15 billion in November from $ 33.81 billion last year.

Reuters

December 01, 2021 / 10:01 PM IST

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India posted a record merchandise trade deficit of $ 23.27 billion in November compared with $ 10.19 billion a year ago, preliminary data released by the government showed on Wednesday.

India’s merchandise exports rose to $ 29.88 billion for the month from $ 23.62 billion in the same period last year, while imports rose to $ 53.15 billion in November from $ 33.81 billion last year.