India Data Hub · Macro Data
India's trade deficit narrows to $28.21 bn in May
The deficit narrowed from $28.38 bn, signaling slight improvement.
The read
India's merchandise trade deficit narrowed to $28.21 bn in May, a slight improvement from $28.38 bn previously, signaling a modest easing of the trade gap. However, the deficit remains substantial. Further narrowing is required to improve the external balance.
Key numbers
- Actual: $-28.21 bn
- Previous: $-28.38 bn