Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth

This article covers: Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth
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India’s merchandise exports jumped to a record high of $45.2 billion in May 2026, 18% higher than in May last year, according to official data. However, despite this, India’s overall trade deficit widened to $10.5 billion due to a sharper growth in imports of both goods and services.
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