In November, India's goods trade deficit dropped to $20.58 billion

 In November, India's goods trade deficit dropped to $20.58 billion

In November, India's goods trade deficit dropped to $20.58 billion

November saw a 2.84 percent decrease in item exports but a 4.35 percent year-over-year fall in imports.

As imports decreased marginally more than exports in November 2023, India's goods trade deficit shrunk to $20.58 billion, the Commerce Ministry said on December 15.

India's goods trade deficit decreased to $20.58 billion in November from $22.06 billion in the same month the previous year, according to the ministry's most recent figures.

November saw a 2.84 percent decrease in item exports but a 4.35 percent year-over-year fall in imports.