India’s merchandise exports increase by 26.49 pc in November, trade deficit at 23.27 billion USD



ANI |
Update:
02 Dec. 2021 05:06 STI

New Delhi [India], Dec 2 (ANI): According to provisional data released on Wednesday by the Ministry of Trade and Industry, India’s merchandise exports in November this year rose 26.49% to $ 29.88 billion dollars compared to the same period of the past two years.
In November 2020, exports amounted to 23.62 billion USD.
According to the press release from the ministry, India’s merchandise exports in November 2021 amounted to USD 29.88 billion, an increase of 26.49% from USD 23.62 billion in November 2020 and an increase of 26.49% from USD 23.62 billion in November 2020. 15.93% increase from 25.77 billion USD in November 2019.

India’s merchandise exports in April-November 2021 amounted to US $ 262.46 billion, an increase of 50.71% from US $ 174.15 billion in April-November 2020 and an increase of 24 , 29% compared to 211.17 billion USD in April-November 2019 “, he added. .
In addition, the ministry said the country’s imports in November stood at $ 53.15 billion, an increase of 57.18 percent from $ 33.81 billion in the same month in 2020, leaving a trade deficit of $ 23.27 billion in November.
The value of non-oil exports in November 2021 was USD 26.06 billion, registering a positive growth of 18.1% compared to non-oil exports of USD 22.06 billion in November 2020 and a positive growth of 18.69% compared to non-oil exports of $ 21.95. billion in November 2019.
The value of non-oil imports was 38.47 billion USD in November 2021 with a positive growth of 39.9% compared to non-oil imports of 27.5 billion USD in November 2020 and had a positive growth of 40.12% only compared to non-oil imports of 27.45 billion USD in November 2019. (ANI)

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