PORTUGAL: New subnational monthly data !
Have fun with OEC Games!
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $24.8BRnk 10 / 219
2022
Flag → Flag
Top Product $10.8BCrude Petroleum
2022
Flag → Flag
Exports $46.8BRnk 1 / 217
2022
Flag → Flag
Top Product $9.75BDiamonds
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%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, Other (18.7k), Unknown (3.41k), and Chromewell Engineering Ltd (2.55k) were notable for importing products to India from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $3.41B and imported $7.95B from India, resulting in a negative trade balance of $4.54B. Between April 2023 and April 2024 the exports of United States have increased by $107M (3.24%) from $3.31B to $3.41B, while imports increased by $1.25B (18.7%) from $6.7B to $7.95B.

Trade In April 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 April 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 April 2024 the exports of United States were mainly from Texas ($1.12B), California ($377M), New York ($245M), Louisiana ($178M), and Washington ($158M), while imports destinations were mainly New York ($1.27B), New Jersey ($868M), California ($711M), Tennessee ($698M), and Texas ($684M).

Growth In April 2024, the increase in United States's year-by-year exports to India was explained primarily by an increase in product exports in Aircraft Parts ($73.4M or 48.5%), Petroleum Coke ($65.6M or 1.38k%), and Scrap Iron ($45.8M or 171%). In April 2024, the increase in United States's year-by-year imports  from India was explained primarily by an increase in product imports  in Refined Petroleum ($496M or 318%), Packaged Medicaments ($345M or 37.4%), and Telephones ($286M or 305%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$107M(3.24%)
IMPORT GROWTH (April 2023 - April 2024)$1.25B(18.7%)
MAIN EXPORTER (April 2024)Texas$1.12B

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.

Explore India and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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 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 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States India+$3.59BCrude Petroleum
Top Product Potential India United States+$3.85BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms