Trade in goods with USA SITC (Standard International Trade Classification)
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India trade flows with USA by SITC*) product sections during 2020/4 - 2020/8

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/4
%
2020/5
%
2020/6
%
2020/7
%
2020/8
%
Export1.31.41.71.71.8
Import2.01.31.82.02.1
Trade in Goods1.81.31.81.92.0

USA's foreign trade with India, exports to India and imports from India in August 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In August 2020 India represented 2.0 per cent of USA's foreign trade in goods, 1.8 % of USA's exports and 2.1 % of imports. In August India was USA's 11. largest foreign trade partner. Decrease from the previous month was 2 places. $6.4 billion worth of trade was 12.4 per cent lower than in August of the previous year. In August the trade balance with India was $2.1 billion in deficit for United States of America.

The value of imports from India decreased by 10.0 per cent compared to in August of the previous year, thus amounting to $4.3 billion in August 2020. Major product categories of imports from India were Sitc542 (medicaments (including veterinary medicaments)), representing 15.8 percent of imports, Sitc667 (pearls and precious or semiprecious stones, unworked or worked) 10.6 % and Sitc036 (crustaceans, molluscs and aquatic invertebrates, whether in shell or not, fresh (live or dead), chilled, frozen, dried, salted or in brine; crustaceans, in shell, cooked by steaming or boiling in water, whether or not chilled, frozen, dried, salted o) 5.4 % of the imports.

The value of exports to India declined by 16.7 per cent compared to in August of the previous year, thus amounting to $2.2 billion in August 2020. The largest product groups of exports were: Sitc667 (pearls and precious or semiprecious stones, unworked or worked), which represented a share of 9.7 per cent of total exports, Sitc971 (gold,non-monetary) 9.2 % and Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) 8.8 % of the exports.

Development during January-August 2020

During January-August, trade in goods between the two countries declined sharply (-23.0 %) over the same period last year. The value of the trade was $48.2 billion. During January-August the value of imports was $31.0 billion. The export value was $17.1 billion. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -20.8 % and in the value of exports -26.7 %. The largest value in imports was in Sitc542 (medicaments (including veterinary medicaments)), worth $5.2 billion. In export the largest value had Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth being $2.4 billion. From USA's point of view, the trade balance between the countries in January-August remained in deficit. The trade deficit was $13.9 billion. The trade deficit narrowed compared to the corresponding period in 2019. At that time, the deficit was $15.8 billion.


Table: USA's export to India (IN) during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 27.1 2.2 62.4 4.9 67.1 3.7 70.1 3.7 84.10 3.9
00. Live animals 0.8 0.1 0.2 0.0 0.1 0.0 0.2 0.0 0.6 0.0
03. Fish and fish preparations 0.8 0.1 2.1 0.2 2.6 0.1 2.6 0.1 2.9 0.1
05. Vegetables and fruit 18.8 1.5 52.8 4.1 58.9 3.2 60.7 3.2 75.0 3.5
06. Sugars,sugar preparations and honey 1.6 0.1 4.2 0.3 1.3 0.1 1.8 0.1 0.7 0.0
07. Coffee,tea,cocoa,spices 0.6 0.0 0.2 0.0 0.3 0.0 0.3 0.0 0.2 0.0
08. Feeding stuff for animals 2.1 0.2 1.5 0.1 1.6 0.1 1.6 0.1 1.3 0.1
09. Miscellaneous edible products and preparations 2.5 0.2 1.6 0.1 2.0 0.1 2.8 0.1 3.9 0.2
2. Crude materials,inedible,except fuels 82.1 6.5 65.2 5.1 79.9 4.4 111.8 6.0 142.6 6.6
23. Crude rubber (incl.synthetic) 3.9 0.3 0.10 0.1 2.5 0.1 4.7 0.2 3.10 0.2
24. Cork and wood 1.0 0.1 0.5 0.0 1.4 0.1 1.8 0.1 2.4 0.1
25. Pulp and waste paper 30.5 2.4 21.7 1.7 18.1 1.0 23.3 1.2 34.5 1.6
26. Textile fibres and their wastes 9.7 0.8 4.3 0.3 5.1 0.3 11.1 0.6 14.7 0.7
27. Crude fertilizers and crude minerals 4.2 0.3 2.1 0.2 2.8 0.1 4.2 0.2 4.5 0.2
28. Metalliferous ores and metal scrap 30.6 2.4 31.6 2.5 47.8 2.6 63.1 3.4 78.6 3.7
29. Crude animal,vegetable materials n.e.s. 2.2 0.2 4.3 0.3 2.5 0.1 3.9 0.2 4.2 0.2
3. Mineral fuels etc 542.5 43.1 267.5 21.1 471.5 25.8 388.2 20.7 432.8 20.1
32. Coal,coke and briquettes 108.3 8.6 26.2 2.1 32.2 1.8 39.7 2.1 48.8 2.3
33. Petroleum and products 323.8 25.8 148.6 11.7 382.1 20.9 297.1 15.8 261.6 12.2
34. Gas,natural and manufactured 110.5 8.8 92.7 7.3 57.3 3.1 51.5 2.7 122.5 5.7
4. Animal and vegetable oils and fats 0.3 0.0 0.6 0.0 0.4 0.0 0.5 0.0 0.5 0.0
5. Chemicals and related products,n.e.s. 298.4 23.7 328.3 25.8 406.10 22.3 336.2 17.9 353.1 16.4
51. Organic chemicals 134.7 10.7 158.4 12.5 194.9 10.7 156.7 8.4 131.7 6.1
52. Inorganic chemicals 9.10 0.8 14.4 1.1 25.10 1.4 27.1 1.4 40.6 1.9
53. Dyeing,tanning and colouring material 8.6 0.7 5.3 0.4 3.10 0.2 4.1 0.2 4.10 0.2
54. Medicinal and pharmaceutical products 41.2 3.3 46.1 3.6 37.9 2.1 35.3 1.9 46.1 2.1
55. Perfume,cleaning etc.preparations 7.7 0.6 6.9 0.5 6.5 0.4 8.10 0.5 9.1 0.4
56. Fertilizers,manufactured 0.4 0.0 0.2 0.0 15.2 0.8 0.3 0.0 0.3 0.0
57. Plastics in primary forms 39.5 3.1 37.0 2.9 51.1 2.8 47.4 2.5 56.2 2.6
58. Plastics in non-primary forms 8.4 0.7 8.6 0.7 7.8 0.4 10.8 0.6 11.10 0.6
59. Chemical materials and products,n.e.s. 48.3 3.8 51.7 4.1 64.0 3.5 45.9 2.4 52.6 2.4
6. Basic manufactures 53.2 4.2 123.5 9.7 259.7 14.2 410.9 21.9 309.5 14.4
61. Leather,dressed fur,etc. 0.4 0.0 0.4 0.0 0.7 0.0 0.6 0.0 1.1 0.0
62. Rubber manufactures,n.e.s. 6.5 0.5 4.7 0.4 5.5 0.3 6.4 0.3 8.3 0.4
63. Wood and cork manufactures 1.2 0.1 1.1 0.1 1.4 0.1 1.2 0.1 0.4 0.0
64. Paper,paperboard and articles thereof 5.3 0.4 5.6 0.4 5.5 0.3 6.7 0.4 7.7 0.4
65. Textile yarn,fabrics,made up articles,etc. 4.9 0.4 7.6 0.6 11.8 0.6 6.0 0.3 6.3 0.3
66. Non-metallic mineral manufactures,n.e.s. 6.5 0.5 69.4 5.5 187.8 10.3 342.1 18.2 224.7 10.4
67. Iron and steel 3.9 0.3 5.1 0.4 5.6 0.3 5.1 0.3 5.8 0.3
68. Non-ferrous metals 7.8 0.6 12.10 1.0 26.7 1.5 25.6 1.4 35.1 1.6
69. Manufactures of metals,n.e.s. 17.0 1.3 16.9 1.3 15.1 0.8 17.6 0.9 20.6 1.0
7. Machinery,transport equipment 162.9 13.0 305.0 24.0 373.1 20.4 332.1 17.7 477.2 22.2
71. Power generating machinery and equipment 13.2 1.0 18.2 1.4 38.5 2.1 19.7 1.0 25.3 1.2
72. Machinery for specialized industries 15.10 1.3 15.0 1.2 22.0 1.2 18.10 1.0 23.7 1.1
73. Metal working machinery 2.10 0.2 4.4 0.3 4.0 0.2 6.2 0.3 6.7 0.3
74. General industrial machinery n.e.s. 39.0 3.1 43.8 3.4 55.9 3.1 67.1 3.6 46.7 2.2
75. Office machines and adp machines 14.5 1.1 33.1 2.6 43.1 2.4 37.1 2.0 38.4 1.8
76. Telecommunications and sound recording equipment 11.5 0.9 51.8 4.1 71.8 3.9 48.4 2.6 43.9 2.0
77. Electric machinery,n.e.s.and parts 47.0 3.7 70.4 5.5 72.2 4.0 74.9 4.0 84.2 3.9
78. Road vehicles 11.4 0.9 16.10 1.3 18.5 1.0 19.8 1.1 25.1 1.2
79. Other transport equipment 7.7 0.6 51.7 4.1 47.5 2.6 40.3 2.1 183.6 8.5
8. Miscellaneous manufactured articles 62.2 4.9 82.3 6.5 106.8 5.9 112.8 6.0 117.6 5.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.2 0.0 0.3 0.0 0.4 0.0 0.4 0.0 0.8 0.0
82. Furniture and parts thereof 0.7 0.1 1.1 0.1 1.4 0.1 1.5 0.1 2.1 0.1
84. Articles of apparel and clothing accessories 0.5 0.0 0.4 0.0 0.6 0.0 0.4 0.0 1.1 0.1
87. Instruments and apparates n.e.s. 44.7 3.6 56.10 4.5 60.9 3.3 67.8 3.6 70.4 3.3
88. Photographic equipment,optical goods etc. 2.5 0.2 2.3 0.2 3.3 0.2 2.9 0.2 1.7 0.1
89. Miscellaneous manufactured articles,n.e.s. 13.7 1.1 20.9 1.6 40.3 2.2 39.8 2.1 41.3 1.9
9. Goods not classified elsewhere 28.7 2.3 35.7 2.8 59.4 3.3 113.5 6.0 233.10 10.9
93. Special transactions and commodities not classified 4.9 0.4 12.2 1.0 8.1 0.4 12.1 0.6 6.0 0.3
97. Gold,non-monetary 0.2 0.0 0.6 0.0 20.6 1.1 72.8 3.9 198.10 9.2
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 23.7 1.9 23.0 1.8 30.9 1.7 28.7 1.5 29.1 1.3
0-9. All groups combined 1,257.3 100.0 1,270.3 100.0 1,824.8 100.0 1,875.7 100.0 2,151.10 100.0

Source: US Census Bureau

Table: Import from India (IN) to USA during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 317.7 9.6 156.8 7.4 218.9 6.8 367.6 8.9 431.3 10.0
02. Dairy products and birds' eggs 1.4 0.0 1.1 0.1 2.4 0.1 2.7 0.1 2.5 0.1
03. Fish and fish preparations 196.1 5.9 75.2 3.5 106.5 3.3 212.4 5.2 282.1 6.6
04. Cereals and cereal preparations 36.1 1.1 25.4 1.2 38.6 1.2 52.6 1.3 49.0 1.1
05. Vegetables and fruit 25.9 0.8 11.8 0.6 21.1 0.7 27.5 0.7 24.6 0.6
06. Sugars,sugar preparations and honey 7.6 0.2 5.0 0.2 6.3 0.2 6.3 0.2 6.9 0.2
07. Coffee,tea,cocoa,spices 22.8 0.7 19.2 0.9 25.3 0.8 34.4 0.8 36.10 0.9
08. Feeding stuff for animals 23.0 0.7 16.4 0.8 14.9 0.5 25.4 0.6 22.3 0.5
09. Miscellaneous edible products and preparations 5.2 0.2 2.10 0.1 4.2 0.1 6.6 0.2 7.2 0.2
1. Beverages and tobacco 3.5 0.1 1.5 0.1 1.1 0.0 3.9 0.1 3.8 0.1
11. Beverages 0.9 0.0 0.6 0.0 0.3 0.0 0.7 0.0 0.4 0.0
12. Tobacco and tobacco manufactures 2.7 0.1 1.0 0.0 0.9 0.0 3.2 0.1 3.4 0.1
2. Crude materials,inedible,except fuels 69.5 2.1 53.6 2.5 56.2 1.7 74.7 1.8 73.3 1.7
22. Oil seeds,oleaginous fruits 7.1 0.2 5.2 0.2 5.8 0.2 6.4 0.2 8.3 0.2
23. Crude rubber (incl.synthetic) 1.3 0.0 0.5 0.0 0.4 0.0 1.0 0.0 1.2 0.0
26. Textile fibres and their wastes 9.3 0.3 5.4 0.3 5.3 0.2 8.6 0.2 8.5 0.2
27. Crude fertilizers and crude minerals 8.6 0.3 2.6 0.1 6.6 0.2 3.7 0.1 3.4 0.1
28. Metalliferous ores and metal scrap 0.7 0.0 0.5 0.0 1.0 0.0 0.8 0.0 0.7 0.0
29. Crude animal,vegetable materials n.e.s. 42.4 1.3 39.6 1.9 37.3 1.2 54.4 1.3 51.1 1.2
3. Mineral fuels etc 80.5 2.4 134.1 6.3 183.1 5.7 197.6 4.8 196.8 4.6
33. Petroleum and products 80.5 2.4 134.1 6.3 183.1 5.7 197.6 4.8 196.8 4.6
4. Animal and vegetable oils and fats 7.2 0.2 13.8 0.6 6.10 0.2 12.1 0.3 12.2 0.3
42. Fixed vegetable fats and oils 5.9 0.2 12.8 0.6 5.4 0.2 9.4 0.2 10.2 0.2
43. Processed animal or vegetable oils,etc. 1.4 0.0 0.10 0.0 1.6 0.0 2.8 0.1 1.10 0.0
5. Chemicals and related products,n.e.s. 1,033.4 31.1 840.6 39.6 1,146.6 35.5 1,124.2 27.3 1,043.10 24.3
51. Organic chemicals 205.0 6.2 151.8 7.1 210.3 6.5 250.7 6.1 215.6 5.0
52. Inorganic chemicals 9.4 0.3 6.7 0.3 8.9 0.3 9.2 0.2 8.2 0.2
53. Dyeing,tanning and colouring material 21.6 0.6 9.4 0.4 22.9 0.7 24.5 0.6 21.1 0.5
54. Medicinal and pharmaceutical products 722.1 21.7 626.5 29.5 816.7 25.3 737.7 17.9 714.9 16.6
55. Perfume,cleaning etc.preparations 24.6 0.7 19.8 0.9 26.8 0.8 40.3 1.0 35.6 0.8
57. Plastics in primary forms 9.5 0.3 5.5 0.3 12.4 0.4 11.4 0.3 7.9 0.2
58. Plastics in non-primary forms 18.7 0.6 10.10 0.5 21.8 0.7 26.10 0.7 24.1 0.6
59. Chemical materials and products,n.e.s. 22.5 0.7 10.1 0.5 26.8 0.8 23.4 0.6 16.7 0.4
6. Basic manufactures 650.4 19.6 350.5 16.5 805.2 24.9 1,078.9 26.2 1,179.7 27.5
61. Leather,dressed fur,etc. 3.7 0.1 1.5 0.1 3.3 0.1 5.5 0.1 6.10 0.2
62. Rubber manufactures,n.e.s. 39.6 1.2 18.6 0.9 26.6 0.8 40.8 1.0 44.4 1.0
63. Wood and cork manufactures 7.1 0.2 1.7 0.1 1.9 0.1 6.3 0.2 9.9 0.2
64. Paper,paperboard and articles thereof 13.7 0.4 6.2 0.3 10.6 0.3 16.8 0.4 15.4 0.4
65. Textile yarn,fabrics,made up articles,etc. 281.5 8.5 104.9 4.9 182.5 5.7 305.5 7.4 381.9 8.9
66. Non-metallic mineral manufactures,n.e.s. 71.9 2.2 126.4 6.0 483.0 15.0 528.3 12.8 542.6 12.6
67. Iron and steel 38.8 1.2 13.3 0.6 17.1 0.5 45.2 1.1 27.9 0.6
68. Non-ferrous metals 57.7 1.7 27.4 1.3 27.3 0.8 29.5 0.7 18.5 0.4
69. Manufactures of metals,n.e.s. 136.8 4.1 50.8 2.4 53.3 1.7 101.4 2.5 132.4 3.1
7. Machinery,transport equipment 701.9 21.1 357.7 16.8 476.6 14.8 670.10 16.3 672.6 15.7
71. Power generating machinery and equipment 91.10 2.8 92.9 4.4 66.1 2.0 124.7 3.0 110.9 2.6
72. Machinery for specialized industries 66.6 2.0 18.8 0.9 20.4 0.6 39.4 1.0 56.9 1.3
73. Metal working machinery 4.6 0.1 1.7 0.1 2.6 0.1 4.2 0.1 4.9 0.1
74. General industrial machinery n.e.s. 147.10 4.5 53.9 2.5 84.3 2.6 124.8 3.0 137.9 3.2
75. Office machines and adp machines 7.7 0.2 6.8 0.3 9.4 0.3 10.3 0.2 11.4 0.3
76. Telecommunications and sound recording equipment 78.8 2.4 59.4 2.8 66.3 2.1 98.4 2.4 62.3 1.4
77. Electric machinery,n.e.s.and parts 100.7 3.0 62.6 2.9 105.9 3.3 168.1 4.1 144.8 3.4
78. Road vehicles 191.10 5.8 56.3 2.6 112.3 3.5 87.9 2.1 109.1 2.5
79. Other transport equipment 11.9 0.4 5.7 0.3 9.7 0.3 13.7 0.3 34.8 0.8
8. Miscellaneous manufactured articles 425.3 12.8 174.0 8.2 284.7 8.8 503.3 12.2 622.5 14.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 11.1 0.3 3.1 0.1 2.9 0.1 7.9 0.2 10.10 0.3
82. Furniture and parts thereof 63.2 1.9 16.7 0.8 19.2 0.6 45.3 1.1 66.0 1.5
83. Travel goods,handbags and sim.containers 18.5 0.6 9.2 0.4 6.4 0.2 11.3 0.3 15.8 0.4
84. Articles of apparel and clothing accessories 231.3 7.0 70.6 3.3 120.2 3.7 223.2 5.4 271.9 6.3
85. Footwear 28.1 0.8 13.2 0.6 5.9 0.2 21.3 0.5 26.8 0.6
87. Instruments and apparates n.e.s. 18.7 0.6 11.3 0.5 20.9 0.6 25.3 0.6 22.6 0.5
88. Photographic equipment,optical goods etc. 0.5 0.0 0.5 0.0 0.9 0.0 1.3 0.0 1.1 0.0
89. Miscellaneous manufactured articles,n.e.s. 54.2 1.6 49.8 2.3 108.7 3.4 167.9 4.1 207.7 4.8
9. Goods not classified elsewhere 33.8 1.0 41.6 2.0 49.2 1.5 79.1 1.9 58.10 1.4
93. Special transactions and commodities not classified 16.0 0.5 28.2 1.3 30.2 0.9 54.8 1.3 33.2 0.8
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 17.8 0.5 13.5 0.6 19.0 0.6 24.3 0.6 25.8 0.6
0-9. All groups combined 3,322.7 100.0 2,123.7 100.0 3,228.1 100.0 4,111.9 100.0 4,294.6 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - August (Sitc)

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