India's trade relations with the United States are set to continue expanding regardless of any changes in the U.S. administration. Recent data from the commerce ministry shows a significant increase in India's exports to the U.S., which rose to USD 39.2 billion in October, compared to USD 21.46 billion in the same month in 2015.
Between 2001 and 2023, India's exports to the United States grew at a compounded annual Growth Rate (CAGR) of 10.48 percent. In contrast, during the same period, the U.S.'s overall imports from the world experienced a growth rate of 4.76 percent.
India exported $213.22 billion worth of goods in the first half of 2024–2025, a 1.02% rise from the previous year.
A top government official highlighted that India and the United States have deepened their economic integration through multiple agreements, such as the Indo-Pacific Economic Framework for Prosperity (IPEF) and other bilateral mechanisms.
The official noted that the data reflects not only the resilience of India-U.S. trade relations but also improved integration with U.S. value chains, which is considered a highly positive development across different presidential administrations.
In the fiscal year 2023-24, the United States emerged as India's largest trading partner. India's exports to the U.S. totaled USD 77.51 billion, while imports amounted to USD 42.2 billion during this period.
In conclusion, the strong and continuously expanding trade relations between the US and India highlight the two countries' strong economic interdependence and resilience. Regardless of political shifts, these ties are set to grow stronger because of solid bilateral agreements and growing exports, increasing both countries' economic success.
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