Trade Deficit News

New Zealand Exports Hit Second Straight Monthly Record in May, Fuelled by US Meat and Milk

New Zealand's total exports reached a second consecutive monthly record in May, driven by surging meat shipments to the US and strong milk consignments.

Jun 19, 2026

Japan's Exports Surge 17% in May as Yen Weakness Boosts Competitiveness

Japan's exports surged 17% year-on-year in May, marking a sharp acceleration in outbound trade volumes

Jun 17, 2026

Singapore's NODX Surges 38.4% in May, Hitting 22-Year High as AI Chip Demand Drives 95% Electronics Jump

Singapore's non-oil domestic exports surged 38.4% year-on-year in May 2026, the fastest growth rate in 22 years, driven by AI-related chip demand.

Jun 17, 2026

India Engineering Exports Surge 24.5% in May to $12.31 Billion Despite Global Trade Disruptions

India's engineering sector exports surged 24.5% year-on-year in May to $12.31 billion, maintaining strong momentum at the start of FY27.

Jun 16, 2026

India Silver Imports Plunge 87% to Three-Year Low After Import Curbs and Higher Duties

India's silver imports fell 87% in May to a three-year low after the government tightened restrictions on shipments and imposed higher duties.

Jun 16, 2026

India Gold Imports Surge 34% to $3.41 Billion in May as Prices Spike; Silver Plunges 86%

India's gold imports jumped 34% year-on-year to $3.41 billion in May, driven by soaring gold prices fueling demand for the precious metal.

Jun 16, 2026

India May Goods Exports Jump 18% to 5B as Trade Deficit Widens on Capital Goods Import Surge

India's May goods exports surged 18% to 5 billion with trade deficit widening to 8 billion; Commerce Secretary said West Asia peace deal will further boost Indian trade competitiveness

Jun 16, 2026

India's Merchandise and Services Exports Hit All-Time High of 63 Billion in FY2025-26

India's total exports reached an all-time high of 63 billion in FY2025-26, according to the Union Ministry of Commerce.

Jun 10, 2026

India Posts Q4 Current Account Surplus Driven by Surge in Services Exports

India posted a Q4 current account surplus as surging services exports offset the goods trade deficit.

Jun 9, 2026

India Current Account Deficit Beats Forecasts as Remittances Offset Iran War Impact

India's current account deficit stayed flat in FY2026, beating analyst forecasts despite Iran war trade disruptions

Jun 8, 2026

India Current Account Deficit Beats Forecasts as Remittances Surge and Services Exports Hold

India's current account deficit for FY26 came in better than expected as a surge in remittances and strong services receipts offset Iran war trade disruptions.

Jun 8, 2026

Vietnam Trade Deficit Hits Record High as Rising Import Costs Strain Asia Supply Chain Economics

Vietnam's trade deficit hit a record high as rising import costs strained the country's export manufacturing model and Asia supply chain economics.

Jun 4, 2026

UAE-Morocco Non-Oil Trade Surges to $1.7B as Leaders Deepen Strategic Partnership

UAE President and Morocco's King meet to discuss strategic partnership expansion as non-oil bilateral trade reaches $1.7 billion.

Jun 4, 2026

Vietnam Posts Record Trade Deficit as US Tariff Threats and Iran War Commodity Surge Squeeze Exporters

Vietnam's trade deficit hit a record high as import costs surged from Iran-conflict commodity prices while US tariff threats added demand-side risk for its export-oriented manufacturing sector.

Jun 3, 2026

US Crude Overtakes Saudi Oil in Korea for First Time as Hormuz Stays Blocked 4 Months

US crude oil surpassed Saudi Arabian crude in Korean imports for the first time in April, as Hormuz blockade hits 4 months

Jun 3, 2026

Vietnam Posts Record Trade Deficit as Middle East Energy Costs Surge on Import Bill

Vietnam recorded its largest-ever trade deficit as Middle East energy costs drove import bills sharply higher

Jun 3, 2026

Rupee Breaches 95 as US-Iran Conflict Drives Oil Surge and Widens India Import Bill

Indian rupee crossed the ₹95/$ level as global crude prices surged sharply on US-Iran conflict escalation in West Asia.

Jun 1, 2026

Saudi Arabia Non-Oil Exports Surge 18.9% to $97 Billion in 2025 Diversification Push

Saudi Arabia's non-oil exports including re-exports rose 18.9% to SAR366B ($97.02B) in 2025

Jun 1, 2026

India's Gherkin Exports Hit Record $307 Million in FY26 Despite US Tariff Headwinds

India's gherkin exports reached a record $307 million in FY2026, defying US tariff pressures as Germany, Russia, and Canada significantly increased their purchases

May 27, 2026

Canada's Auto Industry Slumps and Bank of Canada Holds Rate-Cut Rush in Check

Canada's auto industry is experiencing a notable slump, reflecting both global EV transition pressures and softening domestic vehicle demand

May 25, 2026

India Tea Exports Surge 93% to ₹8,719 Crore in FY26 on Record Global Demand

India's tea exports surged 93% to ₹8,719 crore in FY26, a record milestone highlighted by Union Minister Piyush Goyal on International Tea Day

May 22, 2026

Malaysia and Singapore Exports Surge on AI Boom Defying Mideast Supply Shock

Malaysia and Singapore recorded strong export growth driven by AI-related semiconductor and electronics demand defying Mideast supply disruption

May 21, 2026

India's Edible Oil Imports Rise 3% in FY26 as Nepal Duty-Free Surge Doubles Shipments

India's total edible oil imports rose 3% in FY26, driven by a 113% surge in duty-free imports from Nepal under the SAFTA agreement.

May 20, 2026

India Trade Deficit to Persist Through 2026 as Electronics Imports Hit Record

India's electronics trade deficit reached an all-time high, driven by surging imports amid a fragile export outlook.

May 17, 2026

India's Trade Deficit Set to Persist Into 2026 as Electronics Imports Hit All-Time High

India's trade deficit faces mounting pressure with electronics imports surging to an all-time high, while elevated crude prices weigh on the export outlook.

May 17, 2026

India mulls emergency forex measures: import curbs on gold, electronics

May 15, 2026

India FY26 total exports hit record $863.1B; services surge 8.7% to $421.3B

May 10, 2026

India FY26 Exports Hit Record $863bn, Up 4.6% Despite Global Headwinds

May 9, 2026

Pakistan Trade Deficit Widens Beyond Expectations as Imports Surge

May 8, 2026

India CEA: Crude surge is price shock, not supply shock — CAD risk flagged

May 5, 2026