According to the commerce ministry data, imports rose by 27 per cent year-on-year to a record USD 69.95 billion in November due to high inbound shipments of vegetable oil, fertiliser, and silver.Gold imports during the month under review soared to an all-time high of USD 14. 8 billion as against USD 3. 5 billion in November 2023.Cumulatively, during April-November this fiscal, exports increased by 2. 17 per cent to USD 284. 31 billion and imports by 8. 35 per cent to USD 486. 73 billion.Trade deficit, the difference between imports and exports, during April-November widened to USD 202. 42 billion from USD 170. 98 billion during April-November 2023.
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