India's exports have registered a growth of 21.3% during October 2010, at US $ 18 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the period April-October 2010, exports have reached a level of US $ 121.4 billion at a growth of 26.8% while the imports were US $ 194.2 billion with a growth of 26% with a trade deficit of US $ 72.8 billion. During the interaction, Shri Khullar informed that India's imports in October 2010 were US $ 27.7 billion, up by 6.8%.

The Commerce Secretary also explained that all the sectors have done well viz., engineering, gems & jewellery, marine products, petroleum and its products, leather & leather products.

Export growth accelerates, driving higher year to date trade deficit despite broad-based sectoral gains reported in national trade data. Exports in October 2010 rose 21.3% to US $18 billion, and April-October exports reached US $121.4 billion (growth 26.8%). April-October imports were US $194.2 billion (growth 26%), producing a merchandise trade deficit of US $72.8 billion; October imports were US $27.7 billion, up 6.8%. Major sectors-engineering, gems and jewellery, marine products, petroleum and petroleum products, and leather and leather products-showed broad based improvement contributing to export expansion.