India's exports grew by an annualised 34.4 per cent to $ 23.9 billion in April maintaining a tempo of the last financial year despite a decline as compared to 44 per cent growth in March.
Releasing the trade data in New Delhi on Thursday, Commerce Secretary Rahul Khullar said, though the growth in April was lower than March, it was not a big concern.
"March is always a peak month, I am not worried," he said. The country's total merchandise exports aggregated $ 246 billion growing by an impressive 37.55 per cent in the previous fiscal.
Imports in the fiscal 2010-11 were USD 350 billion, down by 21.6 per cent and the trade deficit was $104 billion.
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