India's exports grew by over 36 per cent on an annual basis to 24.8 billion dollars in September, 2011, demonstrating impressive year-on-year expansion despite a slowdown in the US and Europe. In September 2010, the country's outbound shipments were valued at 18.2 billion dollars.
India's imports also registered growth in September, rising by 17.2 per cent in comparison to the corresponding period of the previous year leaving a trade deficit of 9.7 billion dollars.
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