India's merchandise trade deficit rose to $19.1 billion (over ₹1.59 lakh crore) in April, the highest so far in 2024. This marks over 22% increase from merchandise trade deficit of $15.6 billion in March, representing an 11-month low. Exports however rose 1.06% to $34.99 billion, while imports rose 10.25% to $54.09 billion.