Major products Export from USA to India

Looking for opportunities in one of the world's fastest developing economies? Then look to India. That's right—India, the world's most populous country, is projected to become the world's second-largest economy by 2075. The relationship between the United States and India is the foundation of global diplomacy and business. As two large economies, their trade relationship thrives, exchanging numerous goods and services. While India exports a wide range of products to the United States, examining the major export products from USA to India is critical. In this blog, we look at the top products imported in India, assessing market patterns and significance.

Export Products from USA: The Trade Opportunities

The trade relationship between the United States and India quickly increased, creating considerable potential for American enterprises. According to India import data, bilateral commerce between India and the United States climbed by 7.65% to $128.55 billion in 2022–23, up from $119.5 billion in 2021–22. It totaled $80.51 billion in 2020–2021.

According to the India exports data, exports to the United States increased by 2.81% to $78.31 billion in 2022–23, compared to $76.18 billion in 2021–22, while imports increased by around 16% to $50.24 billion.

• In FY23, bilateral trade between India and the United States reached a record of $128.78 billion, up from $119.48 billion in FY22.
• In FY23, India had a trade surplus of US$28.30 billion with the United States. According to Indian import export data, the entire commerce of US$ 19.35 billion in the first two months of FY23 (April–May), Indian exports to the US were US$ 12.47 billion, while American exports totaled US$ 6.88 billion.
• According to India trade data, the United States is India's third largest investor, with cumulative FDI inflows of $60.19 billion from April 2000 to March 2023.

However, bilateral commerce between the US and India has steadily increased. According to India import data, the United States has emerged as an important commercial partner for India, with trade volumes reaching significant levels. According to Indian import data, import products from USA cover a wide range of products, helping to deepen economic connections between the two countries.

Major export products from USA to India

Did you know? Imports have helped to boost India's economy. Medical devices, leather, textiles, and other items are among the most popular export products from USA to India. According to Indian export data, the United States is the biggest market for Indian commodities. These are the top ten export products from India to the United States:

1. Aircraft and Aerospace Equipment ($8.5 billion): The United States is the world's aircraft manufacturing and aerospace technology leader. India's thirst for modern aircraft and aeronautical equipment creates a profitable market for American producers. Boeing, Lockheed Martin, and Northrop Grumman are among the top export products from USA serving India's aviation industry.
    
2. Plastics (2.10 billion): Plastics are considered as the top products imported in India. This category includes a variety of plastic polymers, produced plastic goods, and semi-finished plastic products. USA Exports polyethylene, polypropylene, PVC, PET, plastic packaging products, and industrial plastic components.
    
3. Medical Equipment and Pharmaceuticals ($5.7 billion): The United States is well-known for its modern medical equipment and drugs. India imports many medical devices, diagnostic equipment, and life-saving medications from American producers. Companies like Johnson & Johnson, Pfizer, and Medtronic are critical in satisfying India's healthcare needs.
    
4. Defense and Security Equipment ($4.3 billion): India's robust defense sector provides numerous chances for American defense contractors. The United States supplies India with various defense and security equipment, such as military gear, surveillance systems, and armament. Lockheed Martin, Raytheon, and General Dynamics are major suppliers to India's military forces.
    
5. Oil and Petroleum Products ($3.8 billion): Oil and petroleum products are one of the major export products from USA, which supplies a significant amount of India's energy needs. The top products to import from USA to India include crude oil, refined petroleum products, and liquefied natural gas (LNG). ExxonMobil, Chevron, and ConocoPhillips are major stakeholders in this area.
    
6. Engineering Machinery and Equipment ($2.6 billion): US engineering machines and equipment are extremely popular in India's manufacturing and infrastructure sectors. The major export products from USA represent a wide range of products, from industrial machinery to construction equipment, to help India's expanding industrial base. Caterpillar, John Deere, and General Electric are major exporters in this category.
    
7. Automobiles and Automotive Parts ($1.9 billion): The United States is home to some of the world's largest automakers, which export vehicles and auto parts to India. American automobiles, trucks, and components are popular among Indian buyers and importers. Ford, General Motors, and Tesla are major automobile exporters.
    
8. Chemicals and Fertilizers ($1.4 billion): Chemicals and fertilizers from the USA are crucial in India's agriculture and manufacturing industries. Specialty chemicals, agrochemicals, and fertilizers imported from the USA contribute to India's agricultural productivity and industrial output. Dow Chemical, DuPont, and Monsanto are key suppliers in this segment.
    
9. Renewable Energy Technologies ($1.1 billion): With a rising emphasis on renewable energy, India imports a variety of technologies and equipment from the United States to support its clean energy programs. Solar panels, wind turbines, and energy storage solutions are some of the products sold in India. Tesla, First Solar, and General Electric are among the biggest exporters of renewable energy products.
    
10. Leather Products (80 million): Before 2023, leather products rated relatively high on the list, estimated at $80 million. Their need arose from India's developed leather industry, where US raw supplies and finished items frequently replaced local production.

Despite the decline in leather products, the overall US-India trade relationship remains significant. However, the top export products from USA to India identify important exports such as crude petroleum, diamonds, airplane parts, and coal briquettes. Pharmaceuticals, medical equipment, chemicals, machinery, and computer components play important roles.

Also Read: 

Soda Ash Import Trends: Key Insights for Indian Suppliers

How Can I Find India Import Data?

Looking for Indian import data? If yes, go to Eximpedia.app and learn about real-time import and export statistics for any given good. Based on actual shipment records, we also provide India importer data, top export products by country, and export import data for over 100 countries. 

In conclusion, the export relationship between the United States and India encompasses several industries, demonstrating the depth and breadth of their economic links. American products, ranging from aircraft and aerospace equipment to leather products,  are top products imported in India and critical to the success of the Indian economy.

However, if you have any questions about exporting products from United States to India , don't hesitate to contact our experienced experts. Eximpedia is the world's top export and import data provider. So, let's look at a sample of US import data or India import data to better comprehend the import data variables covered in our market study. So, why wait? Schedule a free live demonstration today!

Frequently Asked Questions

Q1. What are the top 5 imports of the United States?

According to India Import Data, these are the top 5 imports from the United States:

• Minerals, fuels, and oil – $241.4 billion.
• Pharmaceuticals – $116.3 billion.
• Medical equipment and supplies – $93.4 billion.
• Furniture, Lighting, and Signs – $72.1 billion.
• Plastics – $61.9 billion.

Q2. What are the major exports of the USA?

As per USA Exports data, the top exports of United States are Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B).

Q3. What does the US export the most to India?

United States-India In 2021, the United States exported $39.1 billion to India. The export products from USA are crude petroleum ($9.68 billion), diamonds ($5.3 billion), and petroleum gas ($1.87 billion).

Q4. What are the top 5 things India imports?

Imports India's top imports include crude petroleum ($93.5 billion), gold ($58.4 billion), coal briquettes ($28.4 billion), diamonds ($26 billion), and petroleum gas ($21.9 billion), with the majority coming from China ($94.1 billion), the United Arab Emirates ($42 billion)

Q5. What products is the USA importing?

According to US Import Data, the products to import from USA include electrical machinery, cars, crude oil, pharmaceuticals, and plastic products.

Q6. What does USA export the most?

Plastics are among the top export products from USA. This category contains a wide range of plastic polymers, manufactured plastic goods, and semi-finished plastic products. The United States exports polyethylene, polypropylene, PVC, PET, plastic packaging items, and industrial plastic components.