Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth
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Summary
This increase in exports was relatively broad-based in terms of sectors, with both petroleum as well as several non-petroleum sectors seeing strong growth in May 2026.
Key Facts
Type Legislation
Source The Hindu - Business
Published Monday, 15 June 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right