India's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerce Secretary Rajesh Agrawal expressed optimism for FY27 if export momentum continues. The West Asia crisis impacted March exports, but recovery is noted. India's export base has expanded significantly over 12 years.

India's trade deficit in May remained nearly flat at $28.21 billion, with merchandise exports reaching a record $45.20 billion, marking an 18% year-on-year increase.

India's merchandise exports grew 18% year-on-year to $45.2 billion in May, while imports rose 20.62% to $73.41 billion, resulting in a trade deficit of $28.21 billion, according…

India's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerce Secretary Rajesh Agrawal expressed…

India's goods exports rose 18% to $45.2 billion in May 2026, while trade deficit widened to $28.21 billion.

India's trade with the US saw exports remain steady in May, but imports climbed significantly. Trade with China experienced a notable surge in both exports and imports. Several…