India's trade deficit widens to $30.4 bn in June, surges 60% YoY

India's merchandise trade deficit widened to $30.43 billion in June 2026, up nearly 60% from $19.1 billion in June 2025, driven by a sharper decline in exports. Merchandise imports stood at $70.84 billion in June, compared with $73.41 billion in May, while goods exports fell to $40.41 billion from $45.20 billion. India's trade deficit in May stood at $28.21 billion.