Where Data Tells the Story
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📦 A Decade of Trade: India & U.S. Merchandise Ties
Over the last 10 years, trade between India and the U.S. has seen remarkable growth — with exports surging to $87.4B in 2024, up from $44.2B in 2015.
Imports from the U.S. have been more volatile, peaking at $50.2B in 2022 before dipping to $39B in 2024. This shift has widened India’s balance of trade surplus to $48.4B in 2024 — the highest in the decade.
The numbers tell a story of strengthening U.S. demand for Indian goods, resilient export competitiveness, and changing import patterns. For businesses and policymakers, this trend signals opportunities in manufacturing, services, and bilateral partnerships.
Key Takeaway: Trade relations between India and the U.S. are on an upward trajectory — and the next decade could be even bigger.
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