India's Exports to West Asia Surge in June Amid Rising Trade Deficit

India's exports to West Asia saw a significant rise of 7.29% in June, reaching $5 billion. This growth comes amidst a widening trade deficit, which has now reached $30.43 billion. The overall exports from India increased by 15.5% to $40.41 billion, driven by higher imports of crude oil and electronics. In the April-June quarter, exports rose by 15.92%, while imports surged by nearly 20%. The article delves into the latest trade figures and the implications for India's economy.

By Narendra Chaudhary Jul 13, 2026, 16:59 IST

Significant Growth in Exports

In June, India's exports to West Asia experienced a notable increase of 7.29%, reaching $5 billion, as reported by Commerce Secretary Rajesh Agarwal on Monday. According to government statistics, the overall exports from India rose by 15.5% to $40.41 billion. The Commerce Secretary highlighted that the growth in imports, particularly of crude oil, electronics, machinery, and precious metals, has significantly contributed to this trend.

In May, exports to West Asia had already surged by 26.2%, climbing to $5.30 billion from $4.20 billion in April, while imports saw a modest rise of 2.6%, increasing to $10.74 billion from $10.47 billion. However, India's trade deficit widened in June, reaching $30.43 billion, with imports rising approximately 31% to $70.84 billion.

For the April-June quarter of this fiscal year, exports grew by 15.92% to $129.32 billion, while imports escalated by 19.89% to $216.18 billion. Notably, gold imports surged in the first quarter, amounting to $11.01 billion compared to $7.49 billion during the same period last year. The estimated value of service exports for June stood at $33.03 billion, up from $32.11 billion the previous year, while service imports were estimated at $17.92 billion, compared to $15.90 billion last year.