The major products that are exported from the USA to India include Plastics, medical equipment and pharmaceuticals, oil and petroleum products. Leather materials, technologies related to renewable energies, chemicals and fertilizers, and aerospace related materials are also exported from the USA to India. India remains post populous country in the world. India is targeting to attain a second economy rich country by 2075. The understanding between the USA and India should be more professional. The USA is rich in technologies, medical equipment, leather and aerodynamic materials. So, India easily imported these materials from the USA to upgrade their professional status. The trade mark between two nations have increased through import and export or trade sharing aspects. Therefore, both nations should share their best products or materials with each other. As a result of this, both nations should be bonafide through their trade sharings. 

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Figure 1: Trade Aspects between India and the USA 

Figure 1 has easily depicted the bilateral commercial aspects between India and the USA. In 2024, the trade positions between these two nations have also increase compared to the previous year. As a result of this, the bilateral economic plight has developed in this financial year than the previous one (Figure 2). 

Figure 2: Import & Export Data between India & the USA

Figure 3: Top 5 Exporting Countries for India 

The above graphical presentation has demonstrated that the USA is present in the top position of exporting countries for India followed by UAE, Netherlands, China, Bangladesh. India has strong demand for textile, electronics and pharmaceuticals. All of these items have been exported from the USA to India as the USA has the strong potential in these aspects. So, the USA becomes the largest trading partner for India. 

Figure 4: Increase in Import Volume Index (2014-2024)

The above statistical data has explained the increase in import volume index in a gradual manner from 2014 to 2024. 

Figure 5: India’s Import Values (2023)

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