India's exports to the United States have shown remarkable growth, outpacing the country's overall overseas shipments by a significant margin during the April-July period of 2025. While total exports saw a moderate increase, exports to the US surged, highlighting the strengthening trade relationship between the two nations.
In July 2025, India's exports to the US jumped by 19.94%, reaching $8.01 billion, while imports from the US also increased by 13.78% to approximately $4.55 billion. This positive trend extends to the cumulative figures for April-July 2025, with exports to the US rising by 21.64% to $33.53 billion, and imports growing by 12.33% to $17.41 billion.
This robust growth in exports to the US has made it India's largest trading partner during April-July 2025-26, with bilateral trade reaching $12.56 billion. The consistent positive growth in India's outbound shipments to the US since April underscores the resilience and strength of this trade partnership.
Several factors have contributed to this impressive performance. Key sectors such as engineering goods, electronics, gems and jewellery, pharmaceuticals, and chemicals have driven export growth. The increasing demand for these products in the US market has fueled the surge in exports.
Furthermore, India and the US are actively engaged in negotiations for a bilateral trade agreement, with the sixth round of talks scheduled to take place in New Delhi from August 25, 2025. These discussions aim to address tariff issues, enhance market access, and further strengthen economic cooperation between the two countries.
While the growth in exports to the US is noteworthy, it's important to consider the broader trade context. India's overall exports in July 2025 stood at $68.25 billion, up from $65.31 billion in July 2024. Imports also grew to $79.99 billion from $75.41 billion a year earlier, resulting in a widening trade deficit of $11.72 billion.
In addition to the US, other countries such as China, the UAE, the UK, Germany, Bangladesh, Brazil, and Italy also experienced positive growth in exports from India during July. However, exports to the Netherlands, Singapore, Saudi Arabia, Australia, South Africa, and France declined during the same period.
On the import front, inbound shipments in July decreased from countries including the UAE, Russia, Indonesia, Qatar, and Taiwan, while increasing from Saudi Arabia, Singapore, Korea, Japan, Hong Kong, and Thailand.
Despite the challenges posed by global uncertainties and tariff pressures, the Indian economy has demonstrated resilience, with exports to the US leading the way. As negotiations for a new trade agreement progress, businesses and policymakers are encouraged to stay informed and adapt to the evolving trade landscape to capitalize on emerging opportunities.
