How much does the US export to India?

How much does the US export to India?

How much does the US export to India?

U.S. goods exports to India in 2019 were $34.3 billion, up 3.3% ($1.1 billion) from 2018 and up 108.5% from 2009. U.S. exports to India account for 2% of overall U.S. exports in 2019.

What was India’s share in total foreign trade in 2014?

Exports and Imports of Product Groups 2014 India Intermediate goods exports were worth US$ 93,857 million, product share of 29.56%. India Intermediate goods imports were worth US$ 132,525 million, product share of 28.85%. India Consumer goods exports were worth US$ 152,345 million, product share of 47.98%.

What was the net export for the US in 2014?

TRADE SUMMARY FOR UNITED STATES 2014 The total value of exports (FoB) was 1,619,743 million. The total value of imports (CIF) was 2,410,855 million.

What does US export the most to India?

According to the Office of the U.S. Trade Representative, the top U.S. export categories to India in 2019 by two-digit HS numbers were:

  • Mineral fuels: $8.2 billion.
  • Precious metal and stone (diamonds): $6.4 billion.
  • Aircraft: $2.8 billion.
  • Machinery: $2.4 billion.
  • Organic chemicals: $1.9 billion.

How much does India import from USA?

India Imports from United States was US$41.39 Billion during 2021, according to the United Nations COMTRADE database on international trade.

Is India trade surplus with USA?

Exports to the US increased to USD 76.11 billion in 2021-22 from USD 51.62 billion in the previous fiscal year, while imports rose to USD 43.31 billion as compared to about USD 29 billion in 2020-21. America is one of the few countries with which India has a trade surplus.

What does India export to the world?

India’s Top 10 Exports

  • Mineral fuels including oil: US$56.4 billion (14.3% of total exports)
  • Gems, precious metals: $38.2 billion (9.7%)
  • Machinery including computers: $24.2 billion (6.1%)
  • Iron, steel: $21.2 billion (5.4%)
  • Organic chemicals: $21.2 billion (5.4%)
  • Pharmaceuticals: $19.5 billion (4.9%)

What was the U.S. trade deficit in 2014?

$505.0 billion
The U.S. Census Bureau reported that the annual U.S. trade deficit in goods and services increased from $476.4 billion in 2013 to $505.0 billion in 2014, an increase of $28.6 billion (6.0 percent).

What is the U.S. net exports?

For 2019, the latest year available, the U.S. had net exports totaling 11.7% of GDP while it had net imports of 14.6% of GDP. So, the U.S. also had a trade deficit, with a deficit of -2.9%.

What does India import from USA?

India Imports from United States Value Year
Mineral fuels, oils, distillation products $15.41B 2021
Pearls, precious stones, metals, coins $7.07B 2021
Machinery, nuclear reactors, boilers $3.23B 2021
Organic chemicals $1.91B 2021