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November 2020 exports: Exports dip 8.74% in Nov; trade deficit narrows to USD 9.87 bn

Declining for the second straight month, India’s exports dipped 8.74 per cent on a yearly basis in November to USD 23.52 billion on account of contraction in shipments of key sectors like petroleum, engineering, chemicals and gems and jewellery, even as trade deficit narrowed to USD 9.87 billion.