In Charts: India-US Trade From A Global Lens

The reciprocal tariffs to be levied by the Donald Trump-led United States administration may adversely affect several of its trading partners. The tariff policy of the world's largest economy draws attention towards its trading relations with various countries, including India, seen as one of the economic powerhouses of Asia.

Here's a look at the India-US trade from a global lens.

India's share of exports to the US has grown to 19% in fiscal year 2025, from a low of 10% in fiscal 2011.

While the share of exports to the US has grown to the highest level in nearly two decades, India's share of imports from the western nation has remained stable at approximately 6.2%, according to the data available for fiscal 2025 so far, per an Emkay report.

The top 15 items exported to the US account for 80% of the total exports, with the top three — electronics, gems/jewellery and pharmaceutical products — making up for over a third at 38%.

Energy commodities such as crude oil, natural gas, coal etc. make up nearly a third of India’s imports from the US, while the top 15 items accounting for nearly 90% of the overall imports.

Approximately 80% of India's automobile related exports to the US are comprised of by-parts and accessories, with cars and motorcycles making up for less than one-tenth, even combined.

The US is the biggest importer of software-related services from India at 54%, followed by Europe at 31%, according to RBI data for fiscal 2024, cited by a Jefferies report.

Among global peers, the US makes up for one of the largest share of exports from India at 18%, followed by the European Union at 17%.

In overall global exports, India's share stands at only 1.8%, according to UN Trade and Development data, cited by an HSBC report.

Export-generated revenue is closely co-related with the overall trends in topline growth for the largest 500 companies in the listed equity space in India, according to a report by Nuvama Wealth.