Impacted by the economic slowdown in the US and euro-zone, India's export growth slipped to a three-month low of 4.2 per cent, at 24.6 billion dollars in February this year. But imports grew 20.6 per cent, year-on-year, to 39.7 billion dollars in February. This left a trade deficit of 15.1 billion dollars.During the April 2011 to February 2012 period, exports aggregated 267 billion dollars, a year-on-year growth of 21.4 per cent, thanks to the surge witnessed in the early months ofthe fiscal. During this 11-month period, imports increased 29.4 per cent, to 434 billion dollars.The trade gap during the period stood at nearly 167 billion dollars. Commerce Secretary Rahul Khullar said imports for the 2011-12 fiscal are likely to be close to 480 billion dollars, and the trade deficit is expected to be around 175 to 180 billion dollars.Oil imports in February grew 39.4 per cent, to 12.7 billion dollars. Non-oil imports increased 13.5 per cent, to 27.1 billion dollars.