During the last fiscal, the UAE with $100.5 billion was the third largest trading partner of India.<\/p>\n

In the last fiscal, India\u2019s exports to the U.S. rose by 11.6% to $86.51 billion as against $77.52 billion in 2023-24. The imports were up by 7.44% in 2024-25 to $45.33 billion against $42.2 billion in 2023-24.<\/p>\n

The trade surplus with the U.S. has touched $41.18 billion in the last fiscal from $35.32 billion in 2023-24.<\/p>\n

In 2024, India\u2019s main exports to the U.S. included drug formulations and biologicals ($8.1 billion), telecom instruments ($6.5 billion), precious and semi-precious stones ($5.3 billion), petroleum products ($4.1 billion), gold and other precious metal jewellery ($3.2 billion), ready-made garments of cotton, including accessories ($2.8 billion), and products of iron and steel ($2.7 billion).<\/p>\n

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Imports included crude oil ($4.5 billion), petroleum products ($3.6 billion), coal, coke ($3.4 billion), cut and polished diamonds ($2.6 billion), electric machinery ($1.4 billion), aircraft, spacecraft and parts ($1.3 billion) and gold ($1.3 billion).<\/p>\n

The bilateral trade between India and the U.S. is expected to get a boost in the coming years as both are negotiating a trade agreement. The aim is to increase two-way commerce in goods and services to $500 billion by 2030 from $191 billion at present.<\/p>\n

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Published – April 16, 2025 12:08 pm IST<\/span><\/p>\n<\/div>\n<\/div>\n

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In the last fiscal, India\u2019s exports to the U.S. rose by 11.6% to $86.51 billion as against $77.52 billion in 2023-24. | Photo Credit: Reuters New Delhi The U.S. remained India\u2019s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at $131.84 billion, while the country\u2019s trade deficit with China […]<\/p>\n","protected":false},"author":2,"featured_media":243480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[11],"tags":[194167,196338,196341,196339,196340],"class_list":{"0":"post-243479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world-news","8":"tag-india-china-trade-relations","9":"tag-india-largest-trading-partner-with-us","10":"tag-india-us-trade-relations","11":"tag-indian-exports-to-china","12":"tag-indian-imports-to-china"},"yoast_head":"\n