The latest data, for November 2009, show a positive export growth, a reversal in the steep fall in negative import growth, and a relatively lower trade deficit over November 2008.
Provisional figures released by the Directorate-General of Commercial Intelligence and Statistics for November show exports at $13.19 billion ($11.16 billion), posting a positive 18.2 per cent growth after a long spell of negative growth.
The nearly year-long export decline saw the authorities frame policy support, particularly for the labour-intensive export segments such as leather, handicrafts, gem and jewellery, and agro industries.
Imports during November at $22.88 billion ($23.48 billion) registered a modest decrease of 2.6 per cent over the year-ago period, compared to the double-digit import decline witnessed through the fiscal till October.
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