Key information about India Total Exports to USA

• India Total Exports to USA recorded 7.017 USD bn in Dec 2024, compared with 5.706 USD bn in the previous Nov 2024
• India Total Exports to USA data is updated monthly, available from Nov 1979 to Dec 2024, with an averaged value of 812.170 USD mn
• The data reached an all-time high of 7.745 USD bn in Mar 2022 and a record low of 44.690 USD mn in Nov 1979

CEIC converts monthly Total Exports to USA into USD. The Ministry of Commerce and Industry provides Total exports to USA in local currency. The Federal Reserve Board average market exchange rate is used for currency conversions. Total Exports to USA prior to March 1992 is sourced from the International Monetary Fund.

In fiscal year 2025, the estimated ratio of India's total export and import of goods and services to the GDP was **** percent. This was a slight increase in the ratio compared to the previous fiscal year’s value of **** in the country.

India Exports to United States was US$79.44 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports to United States - data, historical chart and statistics - was last updated on August of 2025.

The statistic shows the value of exports of goods from India from 2014 to 2024. In 2024, goods with a value of around ***** billion U.S. dollars were exported from India. Trade and economy in India Being one of the BRICS countries, India is one of the leading emerging market countries worldwide, and one of the fastest-growing economies. It is the world's most populous country. As for India’s economy, the country has been reporting a promising development of key figures over the last few years: Gross domestic product / gdp in India has been increasing significantly, while inflation in India and other indicators, such as the country’s unemployment rate, have been more or less stable. India is also among the countries with the largest gross domestic product / gdp and among those with the highest gross domestic product growth. The majority of India’s labor force works in agriculture – the industrial and the services sector both make up about ** percent each of the country’s economy. India’s main export partners are the United Arab Emirates, the United States and China; the country’s leading exports include textile goods, software, and petroleum products. As for imports, India mainly imports crude oil, chemicals, and machinery, again, from China, the United States, and the United Arab Emirates, among others.

Exports of goods and services (% of GDP) in India was reported at 21.18 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

India's total Exports in 2024 were valued at US$434.44 Billion, according to the United Nations COMTRADE database on international trade. India's main export partners were: the United States, the United Arab Emirates and the Netherlands. The top three export commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$697.75 Billion. In 2024, India had a trade deficit of US$263.31 Billion.

Historical chart and dataset showing India exports by year from 1960 to 2023.

In financial year 2024, ******************was to remain the biggest importer of India’s IT software and services industry, with an export revenue share of ***percent. With a much smaller share of ***percent, the United Kingdom maintained its second position. Economics of the IT-BPM market The Indian information technology/business process management (IT-BPM) industry is one of the largest growing industries in the Global South. The IT and BPM industry, through business and technical expertise, deals in computer programming activities, computer service activities, and IT services such as cloud services and network security. Out of all Indian economic sectors, close to 50 percent of India’s GDP was generated by the service sector, which comprises IT services and telecommunication. In 2024, the amount of spending in the information technology sector was estimated to around 144 billion U.S. dollars, including various segments such as communication services, devices, data center systems, and software. Overview of Tata Consultancy Services (TCS) Tata Consultancy Services (TCS), headquartered in Mumbai, is one of the oldest IT companies, which is known for business solutions and IT services. TCS, a subsidiary of Tata Group, is an Indian multinational information and technology company. In May 2025, based on net sales of IT services and consulting companies in India, with about *****trillion Indian rupees, TCS was the leading information technology services and consulting company. The multinational company functions across 46 countries and recorded over 600,000 employees.

Trade in services (% of GDP) of India dipped by 0.25% from 14.5 % in 2022 to 14.5 % in 2023. Since the 0.18% improve in 2021, trade in services (% of GDP) rocketed by 20.98% in 2023. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

In the financial year 2025, the total revenue generated by IT industry exports from India was at *** billion U.S. dollars. It was almost doubled in comparison with the *** billion dollars in 2016. During the presented period, there was a constant increase in the export value despite the impact of the coronavirus pandemic. IT industry in India IT products and services are arguably one of the most important exports of India. In the financial year 2025, it accounted for *** percent of the country’s GDP. India’s IT sector started to bloom in the 1990s, after the government introduced a new software policy to build proper infrastructure for software development in the country. The sector has mostly been an outfacing industry, with a reputation for high-quality outsourcing services. IT services were the leading types of IT exports, with an export value of *** billion dollars in 2024. Tata Consultancy Services Of all the IT services and consulting companies in India, Tata Consultancy Services has been the most successful, with a market capitalization of more than ** trillion Indian rupees. It was founded in 1968, as part of the Tata Sons. After going public in 2004, it became the most important subsidiary of the Tata Group. It employs more than half a million people and operates in more than 50 countries. More than a third of its revenue comes from the banking, financial services, and insurance industries.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

Since 2000, China has consistently been the largest exporter of goods among the BRICS countries, and its share of exports from the bloc has increased significantly. In the year 2000, China's share of BRICS exports was just over ** percent; in 2020, this share has risen to ** percent. Among the other BRICS countries, Russia has always had the second-largest share of exports, and South Africa the smallest, while India overtook Brazil in 2009.

Key information about India Public Consumption: % of GDP

• India Public Consumption accounted for 8.7 % of its Nominal GDP in Dec 2024, compared with a share of 10.0 % in the previous quarter.
• India Public Consumption share of Nominal GDP ratio is updated quarterly, available from Jun 1996 to Dec 2024, with an average number of 10.8 %.
• The data reached an all-time high of 17.7 % in Mar 1998 and a record low of 8.0 % in Mar 2016.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Ministry of Statistics and Programme Implementation provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008 at 2011-2012 prices. Government Consumption as % of Nominal GDP prior to Q2 2011 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices and prior to Q2 2004 is based on SNA 1993, at 1990-2000 prices.


Related information about India Public Consumption: % of GDP

• In the latest reports, India GDP expanded 6.1 % YoY in Mar 2023.
• India Nominal GDP reached 873.7 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.1 % in Mar 2023.
• India GDP Per Capita reached 2,452.2 USD in Mar 2023.
• Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 30.5 % in Dec 2024.
• Private Consumption accounted for 64.8 % in Dec 2024.

Explore the World Competitiveness Ranking dataset for 2016, including key indicators such as GDP per capita, fixed telephone tariffs, and pension funding. Discover insights on social cohesion, scientific research, and digital transformation in various countries.

Social cohesion, The image abroad of your country encourages business development, Scientific articles published by origin of author, International Telecommunication Union, World Telecommunication/ICT Indicators database, Data reproduced with the kind permission of ITU, National sources, Fixed telephone tariffs, GDP (PPP) per capita, Overall, Exports of goods - growth, Pension funding is adequately addressed for the future, Companies are very good at using big data and analytics to support decision-making, Gross fixed capital formation - real growth, Economic Performance, Scientific research legislation, Percentage of GDP, Health infrastructure meets the needs of society, Estimates based on preliminary data for the most recent year., Singapore: including re-exports., Value, Laws relating to scientific research do encourage innovation, % of GDP, Gross Domestic Product (GDP), Health Infrastructure, Digital transformation in companies is generally well understood, Industrial disputes, EE, Female / male ratio, State ownership of enterprises, Total expenditure on R&D (%), Score, Colombia, Estimates for the most recent year., Percentage change, based on US$ values, Number of listed domestic companies, Tax evasion is not a threat to your economy, Scientific articles, Tax evasion, % change, Use of big data and analytics, National sources, Disposable Income, Equal opportunity, Listed domestic companies, Government budget surplus/deficit (%), Pension funding, US$ per capita at purchasing power parity, Estimates; US$ per capita at purchasing power parity, Image abroad or branding, Equal opportunity legislation in your economy encourages economic development, Number, Article counts are from a selection of journals, books, and conference proceedings in S&E from Scopus. Articles are classified by their year of publication and are assigned to a region/country/economy on the basis of the institutional address(es) listed in the article. Articles are credited on a fractional-count basis. The sum of the countries/economies may not add to the world total because of rounding. Some publications have incomplete address information for coauthored publications in the Scopus database. The unassigned category count is the sum of fractional counts for publications that cannot be assigned to a country or economy. Hong Kong: research output items by the higher education institutions funded by the University Grants Committee only., State ownership of enterprises is not a threat to business activities, Protectionism does not impair the conduct of your business, Digital transformation in companies, Total final energy consumption per capita, Social cohesion is high, Rank, MTOE per capita, Percentage change, based on constant prices, US$ billions, National sources, World Trade Organization Statistics database, Rank, Score, Value, World Rankings

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India was the leading outsourcing destination in the world, accounting for more than half of the market of the global information technology services in financial year 2021. The IT & BPM sector accounted for around ***** percent of India’s GDP the same year. Rapid digitalization and transition to remote working helped the industry to stabilize its growth while facing the impact of the coronavirus pandemic. IT sector at a glance The Indian government has been very supportive of the IT sector, providing various tax exemptions and financial benefits, which enabled India to become the home of many major IT companies, like Tata Consultancy Services, Infosys, Wipro, L&T Infotech, Mindtree, and Tech Mahindra. India’s IT-BPM industry employed around *** million personnel in financial year 2022. The IT spending of the country in 2023 was estimated to be around *** billion U.S. dollars. Road Ahead New technologies like artificial intelligence and robotic process automation offer new opportunities for IT companies in India to grow. The global AI market revenue is forecast to reach more than half a trillion U.S. dollars by the end of 2024. India’s IT industry has been stably growing over the years in both the domestic and export markets and is expected to continue the growth trend in the upcoming years.

China Exports to United States was US$525.65 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

The largest portion of India's imports originated from China, representing more than 15 percent of the total imports in the financial year 2024, with Russia following at over nine percent. Conversely, during the same period, India's primary exports were directed towards the United States. India’s import mix India's imports encompass a wide range of goods, with some key commodities dominating the landscape. Among these critical imports are crude oil, gold, and petroleum products. Crude oil, constituting approximately 20 percent of total imports, is critical due to the nation’s reliance on energy sources. In addition, India, as a major textile producer, has witnessed a significant rise in textile imports over the years to meet the diverse consumer and industrial demands. Trade balance In the recent past, the country experienced a notable change in its trade balance-to-GDP ratio. This ratio, which reflects the relationship between the country's trade activities and the size of its economy, saw a significant decrease of 8.5 percent in fiscal year 2023. In other words, the country was importing more goods and services than it was exporting during the period.

India Imports from United States was US$38.99 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from United States - data, historical chart and statistics - was last updated on August of 2025.

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.