India's trade gap hits $30.4 billion in June, a 60% annual jump
India's merchandise trade deficit expanded to $30.43 billion during June 2026, marking a nearly 60% increase compared to the $19.1 billion recorded in June 2025, primarily due to a significant drop in exports. Total merchandise imports reached $70.84 billion for the month, down from $73.41 billion in May, while exports of goods decreased to $40.41 billion from $45.20 billion. In May, the country's trade deficit was reported at $28.21 billion.
by shortkt.com✓