New Delhi, June 16 -- India's merchandise exports grew 18 per cent year-on-year to a six-month high of USD 45.2 billion in May, reflecting the increasing integration of Indian companies into global value chains and the diversification of export markets, according to industry experts.

During April-May 2026-27, exports rose 16.09 per cent to USD 88.91 billion, while imports increased 15.14 per cent to USD 145.35 billion, resulting in a trade deficit of USD 56.44 billion.

Sanjay Budhia, Co-chair of the Confederation of Indian Industry's National Committee on Exports and Managing Director of Patton International Ltd, said the export growth reflects the rising competitiveness of Indian industry and continued global demand for Indian products...