India’s goods exports in May rose by 9.1% to $38.13 billion, fueled by strong performances in sectors like engineering goods, electronics, and pharmaceuticals. However, imports also surged by 7.7% to $61.91 billion, leading to a widening trade deficit to a 7-month high of $23.78 billion. Key export growth included petroleum products, engineering goods, electronic goods, and drugs/pharmaceuticals. Crude oil imports notably grew by 28%, while gold imports saw a slight decline. Commerce Secretary Sunil Barthwal remains optimistic about trade prospects, citing reduced inflationary pressures globally driving import demand.