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.

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 September of 2025.

This graph shows the growth in the U.S. export volume of trade goods to India from 1985 to 2023. In 2023, the U.S. exports to India amounted to around 40.12 billion U.S. dollars.

This graph shows the growth in the U.S. import volume of trade goods from India from 1985 to 2023. In 2023, U.S. imports from India amounted to approximately 83.77 billion U.S. dollars.

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.

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 September of 2025.

India recorded a trade deficit of 26.49 USD Billion in August of 2025. This dataset provides the latest reported value for - India Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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 September of 2025.

The value of bilateral trade between India and China was worth about *** billion U.S. dollars in 2023. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.

Key information about India's Trade Balance

• India's Trade Balance recorded a deficit of 23.0 USD bn in Jan 2025, compared with a deficit of 21.9 USD bn in the previous month
• India's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of -420.4 USD mn
• The data reached an all-time high of 709.6 USD mn in Jun 2020 and a record low of -31.8 USD bn in Nov 2024

CEIC extends history for monthly Trade Balance. The Ministry of Commerce and Industry provides Trade Balance in USD. Trade Balance prior to April 1990 is sourced from the International Monetary Fund.

Further information about India's Trade Balance

• In the latest reports, India's Total Exports reached 36.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)
• Total Imports recorded 59.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)

In the financial year 2024, India's share of exports to the United States was nearly ** percent, making it the south Asian country's key trade partner. This was an increase from the previous year when the export share was over ** percent. India's total exports reached over *** billion U.S. dollars that year.

In 2024, India's trade deficit of goods amounted to around *** billion U.S. dollars. Balance of trade The trade balance, also called commercial balance or balance of trade, is the difference between the value of a country’s exports and its imports over a certain timespan. If a country exports more goods or services than in imports, the trade balance is positive – a so-called trade surplus. If a country imports more than it exports, the trade balance is in the red – a trade deficit. Among other factors, trade is affected by production, currency exchange rates, and taxes, and of course by the availability of raw materials and prices of goods. India’s trade is in the red The reason for India’s persistent trade deficit is simple: The country imports far more than it exports. India is a very fast-growing economy with the majority of its GDP generated by services, while most of its workforce is employed in agriculture. India’s main imports include chemicals, crude oil, and machinery, while India exports textiles, software, petroleum products, and leather goods. One reason for the increasing trade deficit is the price of crude oil and its rapid economic growth, which means that export trade now needs to catch up to the demand.

Graph and download economic data for Current Account Balance: Total Trade of Goods for India (DISCONTINUED) (BPBLTD01INQ637S) from Q1 1960 to Q2 2011 about current account, BOP, India, trade, and goods.

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.

Graph and download economic data for Current Account Debit: Trade: Total Imports of Goods for India (DISCONTINUED) (BPDBTD01INQ637S) from Q1 1960 to Q2 2011 about debit, current account, BOP, India, trade, imports, and goods.

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

Graph and download economic data for Current Account Balance: Total Trade of Goods for India (DISCONTINUED) (BPBLTD01INA637S) from 1960 to 2010 about current account, BOP, India, trade, and goods.

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 September of 2025.

In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.

Graph and download economic data for Current Account Debit: Trade: Total Imports of Goods for India (DISCONTINUED) (BPDBTD01INA637S) from 1960 to 2010 about debit, current account, BOP, India, imports, trade, and goods.