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Merchandise exports rise 18% to $45.2 billion in May

The New Indian Express Hubballi

|

June 16, 2026

DESPITE the ongoing geopolitical tensions in West Asia, India's merchandise trade deficit remained largely stable compared with April and narrowed marginally from a year ago, according to government data released on Monday.

- PUSHPITA DEY

Merchandise exports rise 18% to $45.2 billion in May

The merchandise trade gap stood at $28.21 billion in May 2026, compared with $28.38 billion in April. Merchandise exports rose 18% to $45.20 billion, while imports increased by 20% to $73.41 billion.

MEER VERHALEN VAN The New Indian Express Hubballi

The New Indian Express Hubballi

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