Trade deficit widens in April as gold imports add to pressure

PRESS Insider·May 15

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

A trade deficit has widened in april, with gold imports being a contributing factor. The size of the deficit is reported to be around $28 billion, with imports surging and exports also experiencing growth. However, the specific country experiencing the trade deficit is unclear, with reports referencing both canada and india.

Full coverage

Canada’s trade deficit widened in February as both exports and imports surged

rbc.com·Apr 2

India’s trade deficit widens to $28.38 billion in April as imports surge amid Gulf conflict

The Economic Times·May 15

India’s trade deficit widens to $28.38 billion in April as imports jump 10%; Middle East shipments fall 3

The Times of India·May 15

Canada’s merchandise trade deficit widens to $5.7-billion in February on gold imports

The Globe and Mail·Apr 2

India's May exports rise 18 per cent to $45.2 billion; trade deficit widens to $28.2 billion

The New Indian Express·Jun 15

India's trade deficit widens to $28.4 billion in April, exports clock high growth

Moneycontrol.com·May 15

Oil surge hits trade balance as India’s deficit widens to $28.38 billion in April

Telegraph India·May 16

Gold imports jump to $69 billion in Apr-Feb FY26; trade deficit widens

The Times of India·Apr 5

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