“Trade with other nations is essential for every economy in the world for meeting domestic needs as well as rest of the world. Global integration is the key characteristic of world economy nowadays. India, a developing economy, is contributing significantly in the world’s affairs and trade. Before 1991, more or less, this economy and its foreign dealings were not much opened but the wave of LPG of 1991 opened and changed the total scene of Indian economy drastically according to requirements. The extent along with direction and composition of foreign trade highly determines the situation of Indian economy. Against this backdrop, this attempt is to review and highlight some important facts and matters related to exports and imports of our nation. It covers two decade from 1991 to 2010 as reference time period. The study is mainly based on secondary data.”