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U.S. Imports
$9.6B
U.S. Exports
$4.2B
Deficit of $5.4B (net importer)
The United States imported $9.6B/month and exported $4.2B/month with India as of July 2026, covering 3798 product categories.
India was the 10th-largest source of U.S. goods imports in July 2026. In July 2026, the U.S. ran a monthly goods trade deficit of $5.4B with India, importing 2.3× as much as it exported. U.S. goods imports from India of $9.6B in July 2026 ran 14% above the year-to-date monthly average of $8.4B.
India is one of the world's largest trading economies, exporting pharmaceuticals, textiles, engineering goods, chemicals, and IT services. It maintains a complex tariff structure with numerous preferential trade agreements across South Asia, ASEAN, and beyond. Trade professionals should note India's GST framework, anti-dumping measures, and import licensing requirements for regulated goods.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
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India's leading exports include petroleum products, pharmaceuticals, textiles and apparel, engineering goods, gems and jewelry, and chemicals.
Yes, India has preferential trade agreements with ASEAN, South Korea, Japan, Sri Lanka, and several other countries, which can significantly reduce applicable duty rates for qualifying goods.
Certain goods require an Import Export Code (IEC) and may need specific licenses under India's Foreign Trade Policy, particularly for restricted or canalized items such as chemicals, agricultural products, and defense-related goods.
Full import breakdown with all product categories
Full export breakdown with monthly trends
24-month import and export trend charts
EU customs territory, FTA coverage, and tariff treatment for India
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| Rank | Product | Import value |
|---|---|---|
| 1 | SMARTPHONES | $2.8B |
| 2 | MEDICAMENTS NESOI, MEASURED DOSES, RETAIL PK NESOI | $800.9M |
| 3 | MACH FOR RECP/CONVR/TRANS/REGN OF VOICE/IMAGE/DATA | $478.9M |
| 4 | SHRIMPS AND PRAWNS, FROZEN, NESOI | $165.6M |
| 5 | DIAMONDS, NONINDUSTRIAL, WORKED | $131.4M |
| Rank | Product | Export value |
|---|---|---|
| 1 | NATURAL GAS, LIQUEFIED | $261.0M |
| 2 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | $249.0M |
| 3 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | $233.2M |
| 4 | GOLD, NONMONETARY, UNWROUGHT NESOI | $212.9M |
| 5 | BITUMINOUS COAL, NOT AGGLOMERATED | $159.8M |
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Annual data from BEA | 2024
Services Exports
$41.8B
Services Imports
$41.6B