India-US relations are expected to remain strong. Trade and investment between the two countries have been increasing. The US is a major source of tourists and foreign direct investment for India. Key Indian exports to the US include electrical ma...
The broad direction of India’s relationship with the US is unlikely to see any major shift even if there is a change in the current political dispensation there. While a Harris win could be expected to ensure continuity in ties as seen under the Biden administration, a Trump victory could briefly witness some trade issues and immigration coming into the picture in the initial days. India enjoys a close relationship with the US that covers trade, investment and more. Besides, the US is home to a sizable Indian-origin population.
Anoushka Sawhney looks at the numbers.
TRADE & INVESTMENT HAS RISEN OVER THE PAST DECADE
India enjoys a trade surplus In 2024 (as of August), India exported $54.7 billion worth of goods compared to $28.5 billion of imports
The country accounted for 18.3% of India’s total exports and 6.1% of imports in 2024 (as of August)
US RANKED 2ND INSHARE OF FOREIGN TOURISTS COMING TO INDIA LAST YEAR
Top three import items
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Mineral fuels/oils/ waxes; bituminous substances: $8.7 billion
Natural or cultured pearls, precious or semi-precious stones; precious metals; imitation jewellery: $3.1 billion
