Mumbai, June 16 -- India's trade deficit widened to USD 10.51 billion in May 2026, compared to USD 6.79 billion in May 2025, as imports grew faster than exports, according to estimated trade data released by the Ministry of Commerce and Industry.

Overall trade, including merchandise and services, recorded strong growth during the month. Total exports rose to USD 81.96 billion in May 2026 from USD 70.76 billion a year earlier. However, imports increased at a faster pace, reaching USD 92.47 billion compared to USD 77.55 billion in May 2025, leading to a wider trade gap.

Merchandise exports touched a record monthly high of USD 45.20 billion in May 2026, up from USD 38.30 billion in the same month last year. The ministry highlighted this as...