India Foreign Trade June 2026 data show the total trade deficit widened to US$15.32 billion, more than five times the US$2.89 billion gap recorded a year earlier, according to provisional figures released by the Ministry of Commerce and Industry on 13 July 2026. Total exports (merchandise and services) rose 9.48 per cent year on year to US$73.45 billion, while total imports rose 26.85 per cent to US$88.76 billion.
As of 13 July 2026.
What do India’s June 2026 exports, imports and trade deficit data show?
India’s total trade deficit for June 2026 widened to US$15.32 billion, up from US$2.89 billion a year earlier, per the Ministry of Commerce and Industry. Total exports rose 9.48 per cent to US$73.45 billion, while total imports rose 26.85 per cent to US$88.76 billion.
| Indicator | Value | Change year on year |
|---|---|---|
| Total exports, June 2026 (goods and services) | US$73.45 billion | up 9.48 per cent |
| Total imports, June 2026 (goods and services) | US$88.76 billion | up 26.85 per cent |
| Total trade deficit, June 2026 | US$15.32 billion | US$2.89 billion in June 2025 |
| Merchandise exports, June 2026 | US$40.41 billion | US$34.98 billion in June 2025 |
| Merchandise imports, June 2026 | US$70.84 billion | US$54.08 billion in June 2025 |
| Cumulative trade deficit, Apr to Jun 2026-27 | US$37.42 billion | US$20.85 billion a year earlier |
| Cumulative merchandise trade deficit, Apr to Jun 2026-27 | US$86.86 billion | US$68.75 billion a year earlier |
Report Snapshot
Publisher: Ministry of Commerce and Industry, Government of India
Released: 13 July 2026, PIB Delhi
Total exports (merchandise + services): US$73.45 billion, up 9.48 per cent
Total imports (merchandise + services): US$88.76 billion, up 26.85 per cent
Trade balance: -US$15.32 billion (June 2025: -US$2.89 billion)
Merchandise exports: US$40.41 billion | Merchandise imports: US$70.84 billion
Cumulative Apr-Jun 2026-27 trade balance: -US$37.42 billion (Apr-Jun 2025-26: -US$20.85 billion)
What the India Foreign Trade June 2026 Data Showed
Merchandise exports rose to US$40.41 billion in June 2026 from US$34.98 billion in June 2025, while merchandise imports rose to US$70.84 billion from US$54.08 billion, the ministry said. Services exports, estimated at US$33.03 billion against US$32.11 billion, and services imports, estimated at US$17.92 billion against US$15.90 billion, round out the total trade figures; the ministry notes that the latest actual services data from the Reserve Bank of India is for May 2026, so the June services numbers are estimates.
Among merchandise categories, the ministry named gems and jewellery, engineering goods, organic and inorganic chemicals, electronic goods and rice as the major drivers of export growth in June. Gems and jewellery exports rose 34.64 per cent to US$2.41 billion, engineering goods rose 20.74 per cent to US$11.48 billion (the largest export category by value), electronic goods rose 18.93 per cent to US$4.93 billion, organic and inorganic chemicals rose 19.42 per cent to US$2.77 billion, and rice rose 16.48 per cent to US$1.00 billion. The fastest percentage gains came from a smaller base: other cereals exports rose 244.29 per cent, handicrafts excluding hand-made carpets rose 59.69 per cent, and meat, dairy and poultry products rose 54.63 per cent.
Why imports outpaced exports
On the import side, petroleum crude and products purchases rose 40.09 per cent to US$19.33 billion, the largest single contributor to the wider deficit in dollar terms. Electronic goods imports rose 58.77 per cent to US$13.36 billion, and fertiliser imports (crude and manufactured) rose 201.29 per cent to US$2.29 billion, though from a smaller base. By source country, imports from China P Rp rose 40.26 per cent to US$13.34 billion, the largest single import source for the month; imports from Russia rose 85.02 per cent and from Taiwan rose 135.03 per cent.
On the export side, shipments to China P Rp rose 31.49 per cent in June, one of the fastest-growing destinations alongside South Africa (up 114.04 per cent) and Malaysia (up 99.18 per cent), the ministry’s country-wise data showed.
What next
For the April-June 2026-27 quarter, the ministry put the cumulative trade balance at -US$37.42 billion against -US$20.85 billion in the same quarter of 2025-26, with the merchandise trade deficit alone at US$86.86 billion against US$68.75 billion a year earlier. The services trade surplus for the quarter was US$49.43 billion against US$47.90 billion, continuing to offset part of the merchandise gap. Cumulative non-petroleum exports for the quarter stood at US$106.30 billion, up 12.44 per cent. The widening sits alongside a broader regional growth slowdown flagged in the Asian Development Outlook, July 2026.
What is India’s trade deficit for June 2026?
India’s total trade deficit (merchandise and services combined) for June 2026 is estimated at US$15.32 billion, according to the Ministry of Commerce and Industry. That is more than five times the US$2.89 billion gap recorded in June 2025.
Why did India’s trade deficit widen in June 2026?
Imports grew faster, up 26.85 per cent, than exports, up 9.48 per cent, in dollar terms. The main drivers were a 40.09 per cent rise in petroleum crude and product imports to US$19.33 billion and a 58.77 per cent rise in electronic goods imports to US$13.36 billion.
What was India’s April to June 2026-27 cumulative trade deficit?
For the first quarter, the ministry put the cumulative trade balance at US$37.42 billion against US$20.85 billion a year earlier. The merchandise trade deficit alone was US$86.86 billion, partly offset by a services trade surplus of US$49.43 billion.
Which export categories grew the fastest in June 2026?
Other cereals rose 244.29 per cent, handicrafts excluding hand-made carpets rose 59.69 per cent, and meat, dairy and poultry products rose 54.63 per cent, the fastest percentage gains. Gems and jewellery, engineering goods and electronic goods contributed the largest gains in dollar terms.
Where can I download the official India June 2026 trade data?
The full release and Quick Estimates tables are available on the Ministry of Commerce and Industry’s Press Information Bureau release page and the TRADESTAT portal (tradestat.commerce.gov.in).
Source: Ministry of Commerce and Industry, Government of India, India’s Foreign Trade: June 2026 and Quick Estimates for Selected Major Commodities and Countries, June 2026, Press Information Bureau, 13 July 2026.
Curated and Reviewed by Deepak Chavan | Founder & Market Expert