The country's exports grew 21 per cent, to 303.7 billion dollars in the 2011-12 fiscal year, compared to the previous fiscal. Imports shot up 32.1 per cent, to 488.6 billion dollars, leaving a trade deficit of 184.9 billion dollars, Commerce Secretary Rahul Khullar said in New Delhi, today. Khullar said this was the highest trade deficit and is a serious concern. Khullar also said that gold imports, which contributed in increasing the import bill, are expected to decline in the current fiscal due to the duties imposed by the government.