India’s goods exports reach a record high of about $45.2 billion in May 2026, according to reports that cite official trade data. Both outlets say the export growth is broad-based across sectors, with petroleum-related shipments and multiple non-petroleum categories rising. One report highlights that engineering goods are a leading driver, with exports of engineering items increasing to $12.3 billion, while another points to oil products as a major contributor, with oil product exports rising to $8.4 billion. Together, non-oil exports are reported to total $36.8 billion, reflecting continued expansion beyond petroleum.
On the import side, the trade deficit widens as imports grow faster than exports. One outlet also reports that imports hit a seven-month high, contributing to the larger gap between export and import values.
Additionally, one source notes that shipments to West Asia show relative normalcy, with exports to the region around $5.3 billion in May 2026, compared with $5.4 billion in the same month of the previous year, supported by the opening of new trade routes.
