Economic facts in relation to US and India

Economic facts in relation to US and India

Trade Gap: In 2022, the US faced a $45.7 billion trade deficit with India, importing $118.8 billion and exporting $73 billion in goods and services

Exports: Diamonds, Packaged medicaments, Jewelries are the main exports from India to US

Imports: In 2022-2023, India imported $50.2 billion in goods from the United States

Economic growth: Before COVID-19, India's economy grew at 8% for 15 years, while the US lagged behind at less than 2%.

US companies in India: More than 2,000 US companies have a presence in India, including GE, Cisco, Microsoft, and Amazon.