New Delhi: The country’s exports have recorded a double-digit growth during April-May 2026-27, a senior government official said on Monday.
The Commerce Ministry will release the trade data for May on June 15.
“During the two months, exports are in double-digit growth,” the official said.
Exports rose by 13.78 per cent to USD 43.56 billion in April, the highest monthly outbound shipments in more than four years, driven by petroleum products amid a surge in crude oil prices, but the trade deficit widened to a three-month high of USD 28.38 billion due to an uptick in imports.
Reached a 49-month high of $43.56 billion in April, marking a 13.78% year-on-year growth.
Petroleum products grew by 35.6%, and electronic goods jumped 40%.
Merchandise imports grew by 10% to $71.94 billion, leading to a trade deficit of $28.38 billion.
Despite geopolitical headwinds—including the crisis in West Asia—exports have remained strongly resilient.
