India's exports up 26.82% in Nov to $12.42 bn

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New Delhi, January 1:: India's exports grew by 26.82 per cent in November 2007 to 12.42 billion dollars as compared to 9.79 billion dollars in the same month last year.

Export growth declined from 35 per cent registered in October 2007 at 13.3 billion dollars. It has been impacted due to the sharp rise in value of rupee against the dollar throughout last year.

Imports during November 2007 were valued at 19.83 billion dollars, growing by 29.26 per cent from the 15.34 billion dollars worth of imports in the same month in 2006.

For the April-November period this fiscal, exports grew 22.08 per cent to 98.38 billion dollars as against 80.59 billion dollars in the corresponding period of last year.

Imports for the eight-month period stood at 151.19 billion dollars, growing by 26.9 per cent from 119.07 billion dollars in April-November 2006-07.

Oil imports during November were valued at 58.23 billion dollars which was 16.72 per cent higher than the 49.89 billion dollars oil imports in November 2006. Non-oil imports during the month grew 35.3 per cent to 14 billion dollars as against 10.35 billion dollars.