In the financial year 2024, India recorded a trade surplus of over 35 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 25 billion dollars in the fiscal year 2025.

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.

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

• 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)

Net trade in goods and services (BoP, current US$) in India was reported at --86329729820 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This layer shows Exports, Imports and Trade Balance in India in US $ (Millions) as per the Economic Survey Report 2024-2025. Data source: https://www.indiabudget.gov.in/economicsurvey/doc/stat/tab6.1b.pdfNote:P: ProvisionalFor the years 1956-57, 1957-58, 1958-59 and 1959-60, the data are as per the Fourteenth Report of the Estimates Committee (1971-72) of theerstwhile Ministry of Foreign Trade. This web layer is offered by Esri India, for ArcGIS Online subscribers. If you have any questions or comments, please let us know via content@esri.in

High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2007 to till date on the India's top 25 trading countries with trading of goods by import and export, along with details of country-wise value, both in indian rupees and u.s. dollars, of imports, exports and trade balance.

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.

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.

India Exports: USA: Mineral Fuels, Mineral Oils & Pdt data was reported at 2.578 USD bn in 2018. This records an increase from the previous number of 1.870 USD bn for 2017. India Exports: USA: Mineral Fuels, Mineral Oils & Pdt data is updated yearly, averaging 367.955 USD mn from Mar 1997 (Median) to 2018, with 22 observations. The data reached an all-time high of 3.956 USD bn in 2014 and a record low of 0.100 USD mn in 1997. India Exports: USA: Mineral Fuels, Mineral Oils & Pdt 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.

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.

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 July of 2025.

The value of trade between India and Latin America and Caribbean countries amounted to nearly 34 billion U.S. dollars in fiscal year 2024. While trade values had consistently increased from fiscal year 2008 till 2019.

The value of bilateral trade between India and China was worth about 116 billion U.S. dollars in 2023. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.

The value of trade between India and the ASEAN region amounted to over 120 billion U.S. dollars in fiscal year 2024. The largest portion of this trade came from Singapore, valued at over 35 billion dollars that year. Of the trade between India and Singapore, imports into India had a higher value than its exports.

Exports: 1-Digit: IN; Commodities and Transactions, nes data was reported at 308.251 USD mn in Sep 2018. This records an increase from the previous number of 254.674 USD mn for Aug 2018. Exports: 1-Digit: IN; Commodities and Transactions, nes data is updated monthly, averaging 25.534 USD mn from Jan 1996 (Median) to Sep 2018, with 273 observations. The data reached an all-time high of 514.627 USD mn in Oct 2012 and a record low of 5.498 USD mn in Feb 1998. Exports: 1-Digit: IN; Commodities and Transactions, nes data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA088: Trade Statistics: India: Exports: FAS: SITC.

Exports: 2-Digit: IN: Fertilizers data was reported at 0.190 USD mn in May 2018. This records a decrease from the previous number of 7.845 USD mn for Apr 2018. Exports: 2-Digit: IN: Fertilizers data is updated monthly, averaging 18.818 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 677.383 USD mn in Sep 2008 and a record low of 0.000 USD mn in Jan 2004. Exports: 2-Digit: IN: Fertilizers data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA088: Trade Statistics: India: Exports: FAS: SITC.

India Imports from United States of Glass and glassware was US$62.1 Million during 2024, according to the United Nations COMTRADE database on international trade. India Imports from United States of Glass and glassware - data, historical chart and statistics - was last updated on July of 2025.

In 2022, the value of home textiles exported from India to the United States was 3.9 billion U.S. dollars. This was a decrease as compared to the previous year when the export value amounted to 4.7 billion dollars. The home textile export revenue was 4.8 billion U.S. dollars during the same year.

India Exports of plastics to United States was US$1.62 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports of plastics to United States - data, historical chart and statistics - was last updated on July of 2025.

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 July of 2025.