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.

The IT sector exports from India reached at about ****billion U.S. dollars in the fiscal year 2024. The IT services dominated the export. The IT exports dominated the industry and constitute the majority of the total revenue. However, the domestic market has shown encouraging trends as well. India’s billion-dollar digital empire The information technology sector in India was estimated to spend around ****billion U.S. dollars on various sections in 2024. The device and the telecommunication services accounted for the majority of earmarked spending. As far as the various divisions within the industry are concerned, banking, financial services and insurance were the leading segment with more than 40 percent of the export market share in the country.    SaaS companies in India India’s software as a service (SaaS) scene has gone through several changes over time. Generating around *****billion U.S. dollars in revenue, SaaS companies have become one of the fasting growing companies in the nation. However, this was not the case a few years ago. The SaaS landscape in India began with the horizontal players, who aimed at the small and medium business holders in the country. With time, several other companies with varied focus entered the league. The funding received by the software as a service (SaaS) companies also rose exponentially over the years.

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.

India Exports: USA: Aircraft, Spacecraft & Parts data was reported at 634.990 USD mn in 2018. This records an increase from the previous number of 606.940 USD mn for 2017. India Exports: USA: Aircraft, Spacecraft & Parts data is updated yearly, averaging 52.740 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 634.990 USD mn in 2018 and a record low of 0.770 USD mn in 1997. India Exports: USA: Aircraft, Spacecraft & Parts data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.JAC025: Foreign Trade: Harmonized System 2 Digits: United States.

United States Exports to India was US$41.75 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to India - data, historical chart and statistics - was last updated 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.

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.

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.

United States Imports from India was US$91.23 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from India - data, historical chart and statistics - was last updated on August of 2025.

India Exports: USD: Latin America data was reported at 807.900 USD mn in Oct 2018. This records an increase from the previous number of 800.410 USD mn for Sep 2018. India Exports: USD: Latin America data is updated monthly, averaging 717.250 USD mn from Jan 2013 (Median) to Oct 2018, with 70 observations. The data reached an all-time high of 1.329 USD bn in Mar 2013 and a record low of 490.550 USD mn in Feb 2016. India Exports: USD: Latin America data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Foreign Trade – Table IN.JAA005: Exports by Country: USD.

Financial service exports from India amounted to over ************* U.S dollars in 2022. Within the sector, explicitly charged financial services dominated the financial service exports that year, amounting to nearly ************* U.S. dollars, a significant increase from the previous year.

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.

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.

The total value of services exported from India in 2023 amounted to approximately *** billion U.S. dollars, representing a rise from the previous year. IT and BPO services made up the chunk of service exports in 2023, followed by transport in the same year.

Key information about India Total Exports

• India Total Exports recorded 36.4 USD bn in Jan 2025, compared with 38.0 USD bn in the previous month
• India Total Exports data is updated monthly, available from Apr 1990 to Jan 2025, with an averaged value of 12.4 USD bn
• The data reached an all-time high of 44.6 USD bn in Mar 2022 and a record low of 1.3 USD bn in Jun 1991

The Ministry of Commerce and Industry provides monthly Total Exports, FOB, in USD. [COVID-19-IMPACT]


Further information about India Total Exports

• In the latest reports, India Total Exports grew 1.3 % YoY in Jan 2025
• Total Imports recorded 59.4 USD bn in Jan 2025, which registered an increase of 14.5 % year on year
• India Trade Balance recorded a deficit of 23.0 USD bn in Jan 2025

The export revenue of IT services across India was around ******billion U.S. dollars in the financial year 2024. It was a slight increase in comparison with the previous year. In 2022, the IT services industry saw a significant increase, driven by the demand for digitalization during the coronavirus pandemic.

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 August of 2025.

India Exports to United Kingdom was US$13.96 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports to United Kingdom - data, historical chart and statistics - was last updated on August of 2025.

In financial year 2023, the total value of service exports from India was about *** billion U.S. dollars, and is projected to grow to *** billion dollars in the fiscal year 2024. In addition, the import of services in the fiscal year 2023 was *** billion dollars, and it is expected to decrease to about *** billion dollars in the next fiscal year.