India is currently U.S.’s 9th largest goods trading partner with $67.7 billion in total (two way) goods trade during 2016. Goods exports totaled $21.7 billion; goods imports totaled $46.0 billion. The U.S. goods trade deficit with India was $24.3 billion in 2016.
According to the U.S. Census Bureau, the country’s top imports include jewelry, silverware, sporting and athletic goods, toys, basic chemicals, pharmaceuticals, medicines, apparel, accessories, textiles, and coal and petroleum products.
U.S. top exports include precious stones, pearls, metals, basic chemicals, medical and surgical equipment, metal manufacturing, computers, electronic products, and machinery other than electrical.
The tables below compare the figures for the first five months of U.S. – India trade for 2016 and 2017. The table also lists the trade figures for the first five months of 2009 which show that the trade deficit in that year was less that in recent years. All figures below are in millions of U.S. dollars on a nominal basis and not seasonally adjusted.
| Month, Year | Exports | Imports | Month, Year | Exports | Imports |
| Jan ’17 | 1,703.0 | 3,791.9 | Jan ’09
| 1,139.8 | 1,833.5 |
| Jan ’16 | 1,485.7 | 3,693.3 | |||
| Feb ’17 | 1,937.8 | 3,474.3 | Feb ’09 | 1,046.8 | 1,579.0 |
| Feb ’16 | 1,526.3 | 3,660.9 | |||
| Mar ’17 | 2,114.5 | 4,143.9 | Mar ’09 | 1,123.5 | 1,773.0 |
| Mar ’16 | 1,834.5 | 3,997.0 | |||
| Apr ’17 | 1,939.4 | 3,730.5 | Apr ’09 | 1,268.8 | 1,799.2 |
| Apr ’16 | 1,772.7 | 3,678.3 | |||
| May ’17 | 2,056.9 | 4,531.1 | May ’09 | 1,507.5 | 1,580.8 |
| May ’16 | 1,585.9 | 4,124.9 |
Comparison of U.S. trade in goods with India for Jan to May in 2017 and 2016, and 2009.
