3 weeks ago

India's trade gap hits five-month high; government says no worries

India's trade gap hits five-month high; government says no worries
India's trade gap hit a five-month high in June. Govt says there's little reason to worry · CNBC TV 18

India buys and sells things with other countries.

When India buys more from other countries than it sells to them, that is called a trade deficit.

In June 2026, India's trade deficit grew to $30.4 billion.

That was the highest number seen in five months.

In the year before that, the deficit averaged about $29.3 billion each month.

So June's number was a little higher than usual.

The Commerce and Industry Ministry, a government office in charge of trade, shared these numbers with Parliament.

Parliament is where India's leaders meet to discuss and make rules.

The government says people should not worry too much.

It believes the trade gap is nothing to be alarmed about.

Key facts

Trade deficit (June 2026)
$30.4 billion
Average monthly deficit (prior 12 months)
$29.3 billion
Deficit level
Five-month high
Reporting authority
Commerce and Industry Ministry
Disclosure method
Reply to Parliament
Government stance
Little reason to worry

Sources

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