<h1>Trade growth: India's combined merchandise and services exports register sustained positive growth despite global demand slowdown.</h1> India's November 2022 trade estimates show year on year growth in combined merchandise and services exports and increased imports, with April-November figures indicating stronger export growth but proportionally larger import growth, resulting in a widened trade deficit. Services November data are provisional. Merchandise exports rose modestly in November while the April-November merchandise deficit expanded; trade excluding petroleum and gems & jewellery showed export gains but sharp import increases. Sectoral variations reflect global demand slowdown, domestic demand resilience, duty effects, and commodity price pressures.