India’s merchandise exports hit a new record high of $45.2 billion in May 2026, registering a growth of 18 percent over the same period last year. The growth was driven by increased exports of engineering goods, electronics, chemicals and jewellery. Exports of Indian products to countries like Singapore, China, UK and Germany increased significantly. However, the trade deficit widened as imports also increased. However, experts say the increase in exports is a positive sign of the strengthening of the Indian economy.
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India’s exports hit record in May
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tmanasa
- June 16, 2026
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India’s merchandise exports hit a new record high of $45.2 billion in May 2026, registering a growth of 18 percent over the same period last year. The growth was driven by increased exports of engineering goods, electronics, chemicals and jewellery. Exports of Indian products to countries like Singapore, China, UK and Germany increased significantly. However, the trade deficit widened as imports also increased. However, experts say the increase in exports is a positive sign of the strengthening of the Indian economy.
