Our exports have not done well in the first seven months of the current fiscal. But the arrest of the decline in October to minus 1.63 per cent is a good sign. Such a negative trend is visible in most countries, with some exceptions such as China, which clocked 11 per cent growth in exports in October. Growth in China’s exports is largely dependent on industrial output, which exhibited a 9.6 per cent increase in October, surpassing 9.2 per cent in September, a month in which exports also showed 9.9 per cent growth.