2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

United States-India Trade: In 2022, United States exported $24.8B to India. The main products that United States exported to India were Crude Petroleum ($10.8B), Coal Briquettes ($6.08B), and Diamonds ($5.07B). Over the past 5 years the exports of United States to India have increased at an annualized rate of 47.4%, from $3.56B in 2017 to $24.8B 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 Trade: In 2022, India exported $46.8B 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). Over the past 5 years the exports of India to United States have increased at an annualized rate of 51.9%,  from $5.79B in 2017 to $46.8B 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 1.47), and 2 in total exports ($1.95T). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Company data: In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of exporting goods from India to the United States. Conversely, CHROMEWELL ENGINEERING LTD (2.55k), SHAHI EXPORTS PVT LTD (1.16k), and ATC TIRES PRIVATE LIMITED (1.04k) were notable for importing products to India from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $24.8B 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 5 years the exports of United States to India have increased at an annualized rate of 47.4%, from $3.56B in 2017 to $24.8B in 2022.

In 2017, India exported $46.8B 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 22 years the exports of India to United States have increased at an annualized rate of 51.9%, from $5.79B in 1995 to $46.8B in 2017.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
India
Top Destination
United 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 2022, countries that imported more from United States than India included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from India than United States included 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 2017, 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).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and India. This means that a dot/product with the flag of United States indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over United States.

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

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