Goods exports surged 20% in July 2026 on West Asia recovery and further diversification
India's merchandise exports grew nearly 20% in July 2026, driven by an 8.62% increase to $5.7 billion in West Asia. Despite this surge, the trade deficit widened to $15 billion as services imports outpaced exports. The data highlights ongoing recovery and diversification in India's trade relationships, impacting future economic strategies.