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Informist, Monday, Jun. 16, 2025

 

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--India May merchandise exports $38.73 bln vs $39.59 bln year ago 
--India May merchandise imports $60.61 bln vs $61.68 bln year ago 
--India May merchandise trade deficit $21.88 bln vs vs $22.09 bln year ago 
--Govt: India May services trade exports $32.39 bln vs $29.61 bln year ago 
--Govt: India May services trade imports $17.14 bln vs $16.88 bln year ago 
--Govt: India May services trade surplus $15.25 bln vs $12.73 bln year ago 
--India Apr-May merchandise exports $77.19 bln vs $74.89 bln year ago 
--India Apr-May merchandise imports $125.52 bln vs $116.16 bln year ago 
--India Apr-May merchandise trade deficit $48.33 bln vs vs $41.27 bln year ago 
--India Apr-May imports from Russia $12.04 bln vs $12.42 bln year ago 
--India Apr-May imports from China $20.22 bln vs $16.28 bln year ago 
--India Apr-May imports from UAE $12.59 bln vs $8.28 bln year ago 
--India Apr-May imports from US $8.87 bln vs $7.05 bln year ago 
--India Apr-May exports to US $17.25 bln vs $14.17 bln year ago 
--India Apr-May oil imports $35.47 bln vs $36.47 bln year ago 
--India Apr-May electronic goods imports $18.34 bln vs $14.20 bln year ago 
--India Apr-May gold imports $5.65 bln vs $5.87 bln year ago 
--India Apr-May petroleum product exports $12.94 bln vs $15.14 bln year ago 
--India Apr-May engineering goods exports $19.40 bln vs $18.52 bln year ago 

--India Apr-May electronic goods exports $8.26 bln vs $5.61 bln year ago

--Govt: India imported gold worth $2.5 bln in May 

--Govt: India imported crude oil worth $14.7 bln in May 

 

 

NEW DELHI – India's merchandise trade deficit narrowed to $21.88 billion in May from $26.42 billion the previous month, according to data released by the commerce ministry on Monday. The trade deficit in May 2024 was $22.09 billion.

 

Merchandise exports fell 2.2% on year in May to $38.73 billion, while imports were down 1.7% on year at a three-month low of $60.61 billion. In April, India had exported goods worth $38.49 billion and imported goods worth $64.91 billion. 

 

For Apr-May, the goods trade deficit was $48.33 billion compared to $41.27 billion a year ago. Merchandise exports rose 3.1% on year to $77.19 billion in the first two months of 2025-26 (Apr-Mar), while imports were up 8.1% at $125.52 billion. 

 

India's services exports in May rose 9.4% on year to $32.39 billion, according to provisional data by the the commerce ministry. Services imports rose just 1.5% on year to $17.14 billion last month, pushing the trade surplus to $15.25 billion from $12.73 billion a year ago. The Reserve Bank of India will further update services trade data by the end of June.

 

Oil imports moderated to $35.47 billion in Apr-May from $36.47 billion a year ago, while electronic goods imports increased to $18.34 billion from $14.20 billion. Gold imports were a tad lower at $5.65 billion in Apr-May compared to $5.87 billion in Apr-May 2024. In May, India imported crude oil worth $14.7 billion and gold worth $2.5 billion. 

 

Petroleum product exports fell to $12.94 billion in Apr-May from $15.14 billion a year ago. Engineering goods exports rose to $19.40 billion during Apr-May from $18.52 billion a year ago. India exported electronic goods worth $8.26 billion in Apr-May, against $5.61 billion a year ago.

 

China remained India's biggest import source nation in Apr-May, followed by the United Arab Emirates and Russia. India imported goods worth $20.22 billion from China in Apr-May compared to $16.28 billion a year ago. Imports from the UAE rose to $12.59 billion in Apr-May from $8.28 billion in the same period last year, while imports from Russia eased slightly to $12.04 billion from $12.42 billion in Apr-May 2024.

 

India's trade surplus with the US widened during the first two months of FY26 to $8.38 billion from $7.12 billion a year ago. India exported goods worth $17.25 billion to the US in Apr-May, compared to $14.17 billion a year ago. Imports from US rose to $8.87 billion in Apr-May from $7.05 billion a year ago.  End

 

US$1 = INR 86.07

 

Reported by Krity Ambey and Shubham Rana

Edited by Avishek Dutta

 

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