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2022
Flag → Flag
Exports $48.5BRnk 10 / 219
2022
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Top Product $10.8BCrude Petroleum
2022
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Exports $82.9BRnk 1 / 217
2022
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Top Product $9.75BDiamonds
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

United States-India In 2022, United States exported $48.5B to India. The main products that United States exported to India are Crude Petroleum ($10.8B), Coal Briquettes ($6.08B), and Diamonds ($5.07B). During the last 27 years the exports of United States to India have increased at an annualized rate of 10.2%, from $3.56B in 1995 to $48.5B in 2022.

In 2017, United States exported services to India worth $22.7B, with Travel ($12.2B), Royalties and license fees ($2.29B), and Financial services ($2.09B) being the largest in terms of value.

India-United States In 2022, India exported $82.9B to United States. The main products that India exported to United States were Diamonds ($9.75B), Packaged Medicaments ($7.54B), and Refined Petroleum ($4.87B). During the last 27 years the exports of India to United States have increased at an annualized rate of 10.4%, from $5.79B in 1995 to $82.9B in 2022.

In 2022, India did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

COMPANIES In 2023, leading companies such as WAL-MART INC. (3.05M), IKEA SUPPLY AG (490k), and ROBERT BOSCH TOOL CORPORATION (78.9k) were at the forefront of exporting goods from India to the United States. Conversely, DAMCO INDIA PVT LTD. (2.06M), WELSPUN GLOBAL BRANDS LIMITED (119k), and INDO COUNT INDUSTRIES LIMITED (114k) were notable for importing India products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $2.85B and imported $6.91B from India, resulting in a negative trade balance of $4.06B. Between January 2023 and January 2024 the exports of United States have decreased by $-83.8M (-2.85%) from $2.94B to $2.85B, while imports decreased by $-1.01B (-12.7%) from $7.92B to $6.91B.

Trade In January 2024, the top exports of United States to India were Diamonds ($318M), Aircraft Parts ($225M), Crude Petroleum ($188M), Coal Briquettes ($148M), and Petroleum Gas ($88.7M). In January 2024 the top imports of United States from India were Packaged Medicaments ($1.27B), Refined Petroleum ($652M), Diamonds ($621M), Telephones ($380M), and Jewellery ($191M).

Origins In January 2024 the exports of United States were mainly from Texas ($633M), California ($346M), New York ($223M), Washington ($201M), and Louisiana ($131M), while imports destinations were mainly New York ($973M), Pennsylvania ($915M), California ($795M), New Jersey ($629M), and Texas ($484M).

Growth In January 2024, the decrease in United States's year-by-year exports to India was explained primarily by an decrease in product exports in Crude Petroleum ($-1.05B or -84.9%), Diamonds ($-104M or -24.5%), and Acyclic Hydrocarbons ($-85.7M or -67.9%). In January 2024, the decrease in United States's year-by-year imports  from India was explained primarily by an decrease in product imports  in Diamonds ($-381M or -38%), Crustaceans ($-67.7M or -29.8%), and Jewellery ($-45.6M or -19.2%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-83.8M(-2.85%)
IMPORT GROWTH (January 2023 - January 2024)$-1.01B(-12.7%)
MAIN EXPORTER (January 2024)Texas$633M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check India and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $48.5B to India. The main products exported from United States to India were Crude Petroleum ($10.8B), Coal Briquettes ($6.08B), and Diamonds ($5.07B). During the last 27 years the exports of United States to India have increased at an annualized rate of 10.2%, from $3.56B in 1995 to $48.5B in 2022.

In 2022, India exported $82.9B to United States. The main products exported from India to United States were Diamonds ($9.75B), Packaged Medicaments ($7.54B), and Refined Petroleum ($4.87B). During the last 27 years the exports of India to United States have increased at an annualized rate of 10.4%, from $5.79B in 1995 to $82.9B in 2022.

Exports from United States (Flag) to India (Flag) (2022)

Exports from India (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
India
Top DestinationUnited States$82.9B

This map shows whether countries import more from United States or India. Each country is colored based on the difference in imports they receive from United States and India or the difference in the growth in imports.

In 2021, countries that imported more from United States than India were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from India than United States were United Arab Emirates ($31.6B), Bangladesh ($13.8B), and Nepal ($8.66B).

Difference in imports from India (Flag) and United States (Flag) (2022)

Comparative Advantage United States - India

Flow
Scale

This chart compares trade between United States and India by product, considering products traded by both, United States and India.

During 2022, United States had a large net trade with India in the exports of Mineral Products ($20.2B), Precious Metals ($7.62B), and Machines ($4.79B).

During 2022, India had a large net trade with United States in the exports of Precious Metals ($14.7B), Chemical Products ($14.1B), and Machines ($12.3B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to India worth $22.7B, with Travel ($12.2B), Royalties and license fees ($2.29B), and Financial services ($2.09B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to India (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over United States.

Product Space of United States (Flag) and India (Flag) (2022)

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