India Export to USA: Major Exports and Exporters of India

United States and India are the major trade partners. The USA was the second-largest export market for India at a 16% share after the European Union (17.8%) in 2018. The trade statistics show India export to USA accounts for $33.5B and imports for $53.4B.

The list of the major exports from India to USA includes medical appliances, leather, rice (basmati and non-basmati), spices, pulses, cereals, pulses, jewelry, various types of oils like castor oil, olive oil, etc. and many more. India export to USA has flourished the Indian economic growth.

USA import data contain records of all the USA imports that happened within a financial year. The data serves as a helpful tool for the USA importers to know about the importing status of their products, market competitors, new suppliers of their product in the market, etc. It contains significant data fields such as HS code, port name, buyer’s detail, date of shipment, quantity, weight, etc.

US import data reveals information about the global economies from where the USA imports its commodities/products. Some of them are China, Mexico, Canada, Japan, Germany, South Korea, etc. India is amongst the top 10 suppliers of the goods to the USA. It is the 10^th largest goods supplier to the world’s largest economy USA. The major imported products include precious stones and metals, pharmaceuticals, machinery, mineral fuels, vehicles, etc.

The urge for the continuity of rich lifestyle amongst the American population have expanded the demand base promoting import activities. This provides an upper hand to the other global economies like India, Japan, South Korea, etc. to play the role of the exporters to the USA.

The on-going trade war between two major economies China and the USA has shifted the exporting opportunities from the major USA exporter China to other trading global economies specifically India. The current situation provides a major opportunity for India to increase its exports to the USA, hence supplementing for the major exports from India specifically in major agricultural products like soybeans, software, textiles, garments, gems, and jewelry, etc.

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