India's Exports Rise 15.5% in June 2026, Trade Deficit Widens to $30.43 Billion

In June 2026, India's exports rose by 15.5% to reach $40.41 billion. Despite this increase, the trade deficit expanded to $30.43 billion due to a 31% rise in imports, which amounted to $70.84 billion, as per a PTI news report. 

April-June 2026 Export and Import Performance 

During the first quarter of the fiscal year, from April to June 2026, India's exports grew by 15.92% to $129.32 billion.  

Meanwhile, imports saw a 19.89% increase, reaching $216.18 billion. This period reflects a consistent rise in both export and import activities. 

Gold and Other Key Imports 

Gold imports in the first quarter of the fiscal year rose to $11.01 billion, up from $7.49 billion in the same period last year.  

The increase in imports was attributed to higher inbound shipments of crude oil, electronics, machinery, and precious metals, as noted by Commerce Secretary Rajesh Agarwal. 

Exports to West Asian Countries 

India's exports to West Asian countries increased by 7.29% to $5 billion in June 2026. This growth highlights the strengthening trade relations between India and the West Asian region. 

Read More: Government, Industry Brainstorm Roadmap for $150 Billion Electronics Exports! 

Conclusion 

In June 2026, India's exports rose by 15.5% to $40.41 billion, while imports increased by 31% to $70.84 billion, widening the trade deficit to $30.43 billion. The first quarter of the fiscal year saw exports grow by 15.92% to $129.32 billion and imports rise by 19.89% to $216.18 billion. 

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