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<h1>India's April 2009 Exports Drop 33.2%, Imports Fall 36.6%, Trade Deficit Narrows to $5,004 Million.</h1> India's exports in April 2009 were valued at $10,743 million, marking a 33.2% decrease in dollar terms compared to April 2008. Imports for the same month were $15,747 million, a 36.6% decline. Oil imports dropped by 58.5% to $3,634 million, while non-oil imports decreased by 24.6% to $12,113 million. The trade deficit for April 2009 was $5,004 million, down from $8,747 million in April 2008. In Rupee terms, exports fell by 16.4% and imports by 20.6%, reducing the trade deficit from Rs. 35,007 crore to Rs. 25,053 crore.
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