As of 2022, dairy products faced the highest tariffs imposed by the United States among Indian exports. Footwear followed closely, with tariffs reaching nearly ** percent during the same period. However, the recent rise in tariffs put Indian exporters at a disadvantage, especially for commodities like seafood, dairy, diamonds, and electronics.

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 July of 2025.

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.

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 July of 2025.

India is negotiating a trade deal with the U.S. after a temporary tariff suspension, aiming to boost its export market, notably in the shrimp sector.

227 Active Global Tariff of suppliers, manufacturers list and Global Tariff of exporters directory compiled from actual Global export shipments of Tariff of.

China plans to boost imports from India to address trade imbalance, as bilateral trade reaches $101.7 billion. This initiative coincides with US tariff announcements and aims to strengthen Sino-Indian relations.

The Chinese steel industry faces mounting challenges as new tariffs and trade tensions, enforced by global markets including the U.S., Vietnam, and South Korea, alter the landscape of international steel exports.

Key Provisions of the India–UK FTA

• Tariff Reductions: India will eliminate tariffs on 99% of British goods, including whisky, automobiles, and medical devices. Conversely, the UK will reduce tariffs on Indian exports such as textiles, leather, and engineering goods. Notably, whisky tariffs in India will decrease from 150% to 75%, with a further reduction to 40% over the next decade.
• Trade Volume Increase: The FTA is expected to boost bilateral trade by £25.5 billion annually by 2040, contributing an additional £4.8 billion to the UK's GDP each year.
• Labor Mobility: The agreement includes a "Double Contribution Convention," exempting Indian professionals temporarily posted to the UK from paying national insurance contributions for up to three years. This provision aims to facilitate the movement of skilled labor between the two countries.
• Investment Protections: An investment treaty accompanying the FTA will allow companies to sue either government if they believe policy changes unfairly harm their investment or profits. This mechanism is designed to protect investors against potential unfair treatment under local laws.

In 2023, 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.

United States Exports: Services: India: Intellectual Property Charges n.i.e. (IPC) data was reported at 2.489 USD bn in 2016. This records an increase from the previous number of 1.859 USD bn for 2015. United States Exports: Services: India: Intellectual Property Charges n.i.e. (IPC) data is updated yearly, averaging 706.000 USD mn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 2.489 USD bn in 2016 and a record low of 73.000 USD mn in 1999. United States Exports: Services: India: Intellectual Property Charges n.i.e. (IPC) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA037: Trade Statistics: Services: India.

United States Exports: Services: India: IPC: Franchise Fees data was reported at 36.000 USD mn in 2016. This records an increase from the previous number of 29.000 USD mn for 2015. United States Exports: Services: India: IPC: Franchise Fees data is updated yearly, averaging 29.000 USD mn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 46.000 USD mn in 2012 and a record low of 9.000 USD mn in 2006. United States Exports: Services: India: IPC: Franchise Fees data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA037: Trade Statistics: Services: India.

Discover how Foxconn's iPhone exports from India are primarily directed to the US, reflecting Apple's strategic shift to bypass Chinese tariffs.

9147 Global export shipment records of Charges with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Kingdom, Venezuela

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