India's exports have registered a growth of 26.8% during November 2010, at US $ 18.9 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the period April-November 2010, exports have reached a level of US $ 140.3 billion at a growth of 26.7% while the imports were US $ 222 billion with a growth of 24% and a trade deficit of US $ 81 billion. During the interaction, Shri Khullar informed that India's imports in November 2010 were US $ 27.8 billion, up by 11.2%. He further clarified that these figures are the quick estimates and the final figure may change.

During April-November 2010, the following sectors have done well viz., engineering, gems & jewellery, petroleum and its products, leather & leather products, carpet, plastics & linoleum, cotton yarn, chemicals etc. 

Explaining about the growth momentum in exports, during the interaction, Shri Khullar said that the target of US $ 200 billion will not only be achieved but can even touch between US $ 210 to 215 billion, during this fiscal.  Export growth signals stronger external demand and potential to exceed the annual export target, reinforcing trade policy optimism. Exports registered marked growth in November 2010 and cumulatively for April-November 2010, with provisional estimates showing substantial year on year increases in exports and rising imports that produced a sizeable trade deficit. Key sectors-engineering; gems and jewellery; petroleum and products; leather and leather products; carpet; plastics and linoleum; cotton yarn; and chemicals-are identified as principal contributors to export momentum. The Commerce Secretary described the figures as quick estimates and expressed optimism that the annual export target could be met or exceeded within the fiscal year.