India’s trade deficit widens to $28.38 billion in April
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
India’s trade deficit widens to $28.38 billion in April
India's trade deficit grew significantly in April. Merchandise exports saw a sharp fall. Imports remained high. This pushed the trade gap wider. Services exports continue to provide support. Global growth slowdown and supply chain issues impact merchandise trade. The deficit exceeded market expectations.
