Exports dip 17.84% in Apr-Nov this fiscal

The country's exports declined by 17.84 per cent during April-November this fiscal while imports contracted by 33.56 per cent in the same period, Commerce Secretary Anup Wadhawan said on Wednesday.

Update: 2020-12-02 15:56 GMT

Exports dip 17.84% in Apr-Nov this fiscal

New Delhi: The country's exports declined by 17.84 per cent during April-November this fiscal while imports contracted by 33.56 per cent in the same period, Commerce Secretary Anup Wadhawan said on Wednesday.

He said that the trade deficit has come down. "In 2020-21, April to November, there has been a decline of 17.84 per cent in our exports. If we exclude gems and jewellery and petroleum, then the decline is lower.

In the sectors where economic activity is more meaningful in terms of value addition, there the decline is much lower," he said at the Board of Trade meeting.

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