ET Graphics: What numbers say about India-US ties

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 IN SHARE OF FOREIGN TOURISTS COMING TO INDIA LAST YEAR



Top three import items

• 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
• Nuclear reactors, boilers, machinery & mechanical appliances: $2.7 billion

Top three export items

• Electrical machinery & equipment; sound recorders: $8.7 billion
• Natural or cultured pearls, precious or semi-precious stones, coins, imitation jewellery: $6.2 billion
• Pharmaceutical Products: $6 billion

US is among the top 10 countries in FDI inflows