India's Exports declined by 9.7 per cent year-on-year to 22.3 billion US dollar in the month of August due to the global economic slowdown. Talking to reporters in New Delhi, Commerce Secretary S R Rao said that during April to August this year, the shipment dipped by about six per cent to 120 billion US dollar from 127.6 billion US dollar in the same period last year. He said that imports during the month of August too, slipped by around 5 per cent to38 billion US dollar, leaving a trade deficit of 15.7 billion US dollar. During the first five months of the current fiscal, the total imports stod at around 191 billion US dollar.