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US India trade

Feb 2, 2020,

The chart below depicts the quarterly trend in bilateral trade - U.S. and India - between 2018 and 2019.

Cumulative bilateral trade in goods and services: $110.9 billion for the first three quarters of 2019. This shows an increase of 4.5%, while U.S. exports and imports growing at 4% and 5%, respectively.

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Source: U.S. Census and Bureau of Economic Analysis

April 17, 2019

Despite policy roadblocks put in place by governments, U.S.-India trade starts 2019 where it ended 2018- on a high note.

  • $7.6 bn trade in Jan 2019, all-time monthly high
  • Up 17% y-on-y
  • U.S. exports up 28% in this period.

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March 21, 2019

US administration wants equitable and reasonable access to India market for US India trade to flourish. Read More

Keyphrases: US exports to India, India exports to US, India market access, US India trade

March 8, 2019

“Determined that India has not assured the United States that it will provide equitable and reasonable access to the markets of India”, said Donald Trump. Read More

Key phrases; US India business, Donald trump India, India exports to US

Nov 12, 2018

In October, President Donald Trump called India “the tariff king, bringing to the fore bilateral trade frictions that have been simmering beneath the surface for a while. They’ve already called us to make a deal,” he said. “We didn’t even call them. They called us to make a deal, which is, like, shocking to people.” Read More

Keyphrases: Doing business in India, USA India Trade, Trump India Business Trade Tariff

To scale up the trade relationship, President Obama announced $4 billion in government-backed investments and lending to India - $1 billion would be used to finance exports of 'Made-in-America' products, while another $1 billion will be made available to small- and medium-sized enterprises in underserved rural areas of India. Investment worth $2 billion will be committed for renewable energy in India, President Obama told a gathering of 50-odd top business leaders.

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