Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto 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…