Economy, Banking and Finance · 23 June 2026

Commerce Ministry records 15 per cent growth in merchandise exports for April-May 2026-27

Exam-focused facts from the 23 June 2026 current affairs briefing.

Key facts

  • India's merchandise exports grew by approximately 15 per cent during April-May 2026-27.
  • The Commerce Ministry is scheduled to release the trade data for May on June 15.
  • Merchandise exports in April rose by 13.78 per cent to USD 43.56 billion, marking the highest monthly outbound shipments in over four years.
  • The growth in April shipments was primarily driven by petroleum products amid a surge in crude oil prices.
  • The trade deficit widened to a three-month high of USD 28.38 billion in April due to an uptick in imports.