US India bilateral trade data
Updated Apr 05, 2021 04:41 am
- A look at 2020 USIndia bilateral trade data. Total bilateral trade in goods+services dropped by 18% to $122 billion, likely from pandemic induced causes. India was the 12th largest goods market for U.S. exports; US energy exports to India accounted for more than 25% of total merchandize.
- India was the United States' 11th largest source of goods imports; pharmaceuticals & precious stones were top US imports from India. However, bilateral trade in services was severely impacted in 2020 dropping by 24%.