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    <title>INDIA’S MERCHANDISE TRADE: Preliminary Data, November 2020</title>
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    <description>India&#039;s merchandise exports and imports both declined in November 2020 versus November 2019, with exports down 9.07% and imports down 13.33%, producing a narrower monthly trade deficit. Non-petroleum and non-gems-and-jewellery exports and non-oil non-gems-and-jewellery imports registered modest negative growth. Oil imports fell sharply and contributed significantly to import contraction. Commodity movements were mixed: cereals, oil meals and iron ore rose strongly, while petroleum products, leather manufactures and several manufactured and capital goods declined; the release provides headline aggregates and top commodity increases and decreases.</description>
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