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'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 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.

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.

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.

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.

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 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.

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.

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.

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.

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)

The highest value of Indian exports were traded with countries in Europe at over ** billion U.S. dollars in fiscal year 2025. North American countries followed with over ** billion-worth of Indian exports in the same time period. The south Asian country's latest goal was to double world exports from *** percent to over ***** percent, according to the Modi government. This was meant to reduce dependency on imports and create more jobs within the domestic markets, and therefore higher incomes.

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.

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.

United States Export: 5-Digit: IN: Complete Military Aircraft data was reported at 518.230 USD mn in 2017. This records an increase from the previous number of 0.000 USD mn for 2016. United States Export: 5-Digit: IN: Complete Military Aircraft data is updated yearly, averaging 0.045 USD mn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 1.357 USD bn in 2014 and a record low of 0.000 USD mn in 2016. United States Export: 5-Digit: IN: Complete Military Aircraft data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA089: Trade Statistics: India: Exports: FAS: End Use.

United States Imports: 5-Digit: IN: Civilian Aircraft: Complete: 5-Digit data was reported at 0.127 USD mn in 2017. This records an increase from the previous number of 0.111 USD mn for 2016. United States Imports: 5-Digit: IN: Civilian Aircraft: Complete: 5-Digit data is updated yearly, averaging 0.244 USD mn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 1.380 USD mn in 2000 and a record low of 0.022 USD mn in 2011. United States Imports: 5-Digit: IN: Civilian Aircraft: Complete: 5-Digit data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA091: Trade Statistics: India: Imports: Customs: End Use.

United States Imports: CIF: 3-Digit: IN: Oil Seeds, Oleaginous Fruits: Whole,Broke data was reported at 1.779 USD mn in May 2018. This records an increase from the previous number of 1.124 USD mn for Apr 2018. United States Imports: CIF: 3-Digit: IN: Oil Seeds, Oleaginous Fruits: Whole,Broke data is updated monthly, averaging 1.053 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 6.686 USD mn in Apr 2008 and a record low of 0.003 USD mn in Oct 1997. United States Imports: CIF: 3-Digit: IN: Oil Seeds, Oleaginous Fruits: Whole,Broke data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA092: Trade Statistics: India: Imports: CIF: SITC.

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.

3498 Global import shipment records of Whole Wheat with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.