Trade deficit narrows to four-month low in June

GOODS EXPORTS REMAINED steady in June despite many headwinds caused by tariff wars and disruptions due to the escalation of war in West Asia, officials said.

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Goods exports in the April-June quarter saw a marginal year-on-year rise of 1.92%, at $112.7 billion. The country's goods and services exports during the first quarter of 2025-26 are estimated at $210.31 billion, which is an increase of about 5.94% on year.

"If the growth continues like this, then we are going to cross last year's exports figures," commerce secretary Sunil Barthwal said. In 2024-25, overall exports had grown 6.01% on year to touch $824.9 billion.