In 2022, India's average trade tariff on the United States was over ** percent. This was an increase compared to the previous year, when the average trade tariff was **** percent. The United States has been India's largest export partner in recent years.
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Net trade in goods and services (BoP, current US$) in India was reported at --101034797310 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
In the financial year 2024, India recorded a trade surplus of over ** billion U.S. dollars with its largest trading partner, the United States. Key merchandise exports from India included jewelry, pharmaceuticals, and petrochemicals. However, this trade surplus was projected to decrease to ** billion dollars in the fiscal year 2025.
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Key information about India's Trade Balance
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473 Global export shipment records of Usa Importer with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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United States Imports from India of Aluminum was US$820.56 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from India of Aluminum - data, historical chart and statistics - was last updated on September of 2025.
At the end of fiscal year 2025, the value of trade balance of India with Northeast Asian countries was a deficit of more than *** billion U.S. dollars. The balance of trade calculates the comparison of exports against imports, determining a surplus (when exports outweigh imports) or a deficit (when imports are more than exports) of trade. The trade balance is also a component of a country's GDP.
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India Exports: USA: Railway, Rolling Stock & Parts data was reported at 23.190 USD mn in 2018. This records an increase from the previous number of 12.760 USD mn for 2017. India Exports: USA: Railway, Rolling Stock & Parts data is updated yearly, averaging 4.115 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 23.190 USD mn in 2018 and a record low of 1.030 USD mn in 1998. India Exports: USA: Railway, Rolling Stock & 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.
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United States Imports from India of Beverages, spirits and vinegar was US$19.2 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from India of Beverages, spirits and vinegar - data, historical chart and statistics - was last updated on September of 2025.
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India Imports: USA: Wood & Articles of Wood data was reported at 50.500 USD mn in 2018. This records an increase from the previous number of 32.070 USD mn for 2017. India Imports: USA: Wood & Articles of Wood data is updated yearly, averaging 6.630 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 57.390 USD mn in 2015 and a record low of 1.650 USD mn in 2002. India Imports: USA: Wood & Articles of Wood 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.
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India Exports: USA: Wood & Articles of Wood data was reported at 148.720 USD mn in 2018. This records an increase from the previous number of 145.890 USD mn for 2017. India Exports: USA: Wood & Articles of Wood data is updated yearly, averaging 24.425 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 148.720 USD mn in 2018 and a record low of 4.040 USD mn in 1999. India Exports: USA: Wood & Articles of Wood 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.
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.
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Exports to United States in India decreased to 504.73 INR Billion in January from 539.17 INR Billion in December of 2023. This dataset includes a chart with historical data for India Exports to the United States.
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0 India export shipment records of Washington to United States Of America with prices, volume & current Buyer's suppliers relationships based on actual India export trade database.
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80619 Global import shipment records of Indian Furniture with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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India Exports: USA: Pulp of Wood data was reported at 0.040 USD mn in 2013. This records a decrease from the previous number of 1.560 USD mn for 2012. India Exports: USA: Pulp of Wood data is updated yearly, averaging 0.040 USD mn from Mar 1998 (Median) to 2013, with 15 observations. The data reached an all-time high of 1.560 USD mn in 2012 and a record low of 0.000 USD mn in 2007. India Exports: USA: Pulp of Wood 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.
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India and the U.S. finalize the initial phase of a trade agreement, focusing on agriculture and tariffs, aiming for $500 billion trade by 2030.
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India Exports: USA: Misc Articles of Base Metal data was reported at 97.960 USD mn in 2018. This records an increase from the previous number of 82.900 USD mn for 2017. India Exports: USA: Misc Articles of Base Metal data is updated yearly, averaging 34.140 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 97.960 USD mn in 2018 and a record low of 10.550 USD mn in 1998. India Exports: USA: Misc Articles of Base Metal 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.
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2902 Global import shipment records of Indian Food Items with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
In 2022, India's average trade tariff on the United States was over ** percent. This was an increase compared to the previous year, when the average trade tariff was **** percent. The United States has been India's largest export partner in recent years.