Print Page - India's trade deficit trims to $28.21B in May; petroleum exports ease import hit

Title: India's trade deficit trims to $28.21B in May; petroleum exports ease import hit
Post by: Arjit on Jun 22, 2026, 06:28 AM

Source: https://m.economictimes.com/news/economy/indicators/indias-trade-deficit-narrows-slightly-in-may-despite-middle-east-turmoil/articleshow/131737473.cms

(https://i.ibb.co/tPWNXJwH/Hzg-Sk-UIg-Db-BJz75-Si-Hjn0-Ja-CHFogp-Ke-E8-SHYt-Nj-Os.jpg)

Title: Re: India's trade deficit trims to $28.21B in May; petroleum exports ease import hit
Post by: Dinesh on Jun 22, 2026, 06:28 AM

India just hit a record $45.2 billion in monthly merchandise exports, and most of that surge is coming from petroleum products rather than manufacturing or textiles.

It makes you wonder: how much of today's export growth is actually coming from refining margins and energy trade - which are pretty volatile and not exactly the kind of "Made in India" value-addition we talk about - versus genuine diversification that can boost our long-term competitiveness?

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Categories => Current Affairs & Indian News => Topic started by: Arjit on Jun 22, 2026, 06:28 AM