India’s June Trade Deficit Surges 59% YoY to $30.43 Billion

Exam-focused facts from the 15 July 2026 current affairs briefing.

Key facts

India's merchandise trade deficit widened to $30.43 billion in June 2026, a 59% year-on-year increase from $19.10 billion in June 2025.
Imports rose 31% to $70.84 billion, while exports grew 15.5% to $40.41 billion in June 2026 compared to the same month last year.
Imports from China increased to $38.04 billion in the first quarter of FY27, up from $29.73 billion a year ago.
The trade deficit in June 2026 was wider than the Reuters poll expectation of $26.63 billion.