November 16, 2015 / 12:45 PM / 2 years ago

Oct exports drop 17.5 pct year-on-year - govt

NEW DELHI (Reuters) - India’s merchandise exports shrank 17.53 percent in October from a year ago to $21.35 billion, government data showed on Monday, on weak global demand.

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust (JNPT) in Mumbai, India, July 15, 2015. REUTERS/Shailesh Andrade/Files

The trade deficit marginally narrowed to $9.77 billion last month from $10.48 billion in September, the data released by the Ministry of Commerce and Industry showed.

Imports fell 21.15 percent from a year earlier to $31.12 billion, the data showed.

Reporting by Aditya Kalra; Editing by Malini Menon

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