Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Published loading...Updated

India Posts Highest November Exports in a Decade as Trade Deficit Narrows Sharply

India's exports reached $38.13 billion in November, driven by engineering and electronics, narrowing the trade deficit to $24 billion, a five-month low, the Commerce Ministry reported.

  • On Monday, the Commerce and Industry Ministry reported India’s goods exports in November rose, led by engineering and electronics sectors, with shipments rebounding after October.
  • A rapid weakening of the rupee earlier this month and lower gold imports supported export competitiveness and helped narrow the trade deficit to $24 billion.
  • Trade data showed that shipments to the United States surged 22.61 to nearly $7 billion despite the 50% US tariffs; shipments to China and Hong Kong also rose sharply.
  • The trade deficit narrowed to $24 billion as higher exports helped reach a five-month low, while the ministry finalises a Rs 25,060-crore export promotion mission.
  • Commerce Secretary Rajesh Agrawal said India and the US are close to an initial framework deal after six rounds, and policy support, logistics efficiency, export financing may sustain exports in coming months.
Insights by Ground AI

15 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources lean Right
57% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Times of India broke the news in India on Monday, December 15, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal