India’s exports cut down 9.07% on year in November, precipitous than 5.12% in October, to $23.43 billion. On Wednesday the trade deficit was $9.96 billion, preliminary data declared by the commerce and industry ministry showed. This is the 2nd following months of contraction in exports after a 5.99% growth in September. As per the statement, exports of rice, pharma, and iron ore rose while those of petroleum products, engineering goods, and plastics fell.
