<h1>Trade balance shows a wider deficit as imports outpace modest export growth in the April-May period.</h1> India's external trade for April-May 2019-20 shows merchandise and services exports rising modestly while imports increased more, yielding a wider overall trade deficit. Merchandise exports and non petroleum/non gems & jewellery exports recorded positive growth; imports rose in oil and non oil categories, with oil imports up despite lower Brent prices. Services exports and imports for April show growth per RBI data, May services are estimated and subject to revision, and combined merchandise plus services produce a larger provisional deficit for April-May 2019-20 versus the prior year.