India's June trade deficit jumps 59% YoY to $30.43 bn
- Posted on July 13, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
India's trade imbalance has deteriorated significantly, with the merchandise deficit reaching $30.43 billion in June, marking a 59% year-over-year surge. Despite robust export growth of 15.5% fueled by petroleum products and renewed demand from Gulf markets, imports have outpaced sales. The April-June quarterly performance reveals a broader upward export trajectory of approximately 15%, though persistent trade pressures continue to challenge India's external balance sheet.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
India's June trade deficit jumps 59% YoY to $30.43 bn
India's merchandise trade deficit widened to $30.43 billion in June from $28.21 billion in May, even as goods exports rose 15.5% year-on-year to $40.41 billion. In the April-June quarter, overall goods exports increased about 15%, supported by higher petroleum shipments and a recovery in exports to Gulf countries.
