India's exports declined by 33.3 per cent in March over the year-ago period, posting contraction for the sixth month in a row under the impact of a slowdown in major global markets.

Exports dropped to $11.51 billion in March last fiscal, from $17.25 billion in the same month of the previous financial year, while imports dipped 34 per cent to $15.56 billion, leaving a monthly trade deficit of $4.05 billion, according to official figures released on Friday.