Topic
trade balance
Trade Import/Export #goods#exports
India's Goods Exports Hit Record $45.2 Billion in May, Imports at 7-Month High
India’s goods exports reached a record $45.2 billion in May, up 18% year-on-year, driven by engineering goods and oil products. Imports rose 20.5% to $73.4 billion, a seven-month high, widening the trade deficit to $28.2 billion. Commerce secretary Rajesh Agrawal cited higher oil prices, supply chain restoration, and normalising shipments to West Asia.
Jun 16, 2026 1 source
Trade Import/Export #india#steel
India Becomes Net Importer of Finished Steel in April
In April, India imported 0.7 million metric tons of finished steel, marking a 30.8% increase from the previous year, while exports rose by 24.9% to 0.5 million tons. China, South Korea, Japan, Vietnam, and Russia were the primary exporters to India.
Jun 1, 2026 1 source