India Trade Summary
U.S. goods and services trade with India totaled an estimated $212.3 billion in 2024, up 8.3 percent ($16.3 billion) from 2023.
U.S. total goods trade (exports plus imports) with India was an estimated $128.9 billion in 2024. U.S. goods exports to India in 2024 were $41.5 billion, up 3.0 percent ($1.2 billion) from 2023. U.S. goods imports from India in 2024 totaled $87.3 billion, up 4.5 percent ($3.8 billion) from 2023. The U.S. goods trade deficit with India was $45.8 billion in 2024, a 5.9 percent increase ($2.6 billion) over 2023.
U.S. total services trade (exports plus imports) with India totaled an estimated $83.4 billion in 2024. U.S. services exports to India in 2024 were $41.8 billion, up 15.9 percent ($5.7 billion) from 2023. U.S. services imports from India in 2024 were $41.6 billion, up 15.4 percent ($5.6 billion) from 2023. The U.S. services trade surplus with India was $102 million in 2024, compared to a services trade deficit of $76 million in 2023.
