Exports rise 18% to $45.2 b in May

The country’s merchandise exports rose 18 per cent to $ 45.2 billion, according to the commerce ministry data.

Imports, too, grew 20.62 per cent to $73.41 billion in May, leaving a trade deficit of $28.21 billion.

India’s merchandise exports rose to $88.91 billion during April-May 2026-27, marking a 16.09 per cent growth over the corresponding period last year.

India’s exports to West Asia in May was marginally down at $5.30 billion against $5.38 billion in May 2025, Commerce Secretary Rajesh Agrawal said. Gold imports during April-May this fiscal year surged 60 per cent to $9.04 billion, according to the commerce ministry data.

Going by the trend, this year will be good for exports, Agrawal added.