Trade in goods with USA SITC (Standard International Trade Classification)
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India trade flows with USA by SITC*) product sections during 2022/6 - 2022/10

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


Share of USA's2022/6
%
2022/7
%
2022/8
%
2022/9
%
2022/10
%
Export2.1 2.2 2.1 2.4 2.4
Import2.9 2.8 2.5 2.6 2.7
Trade in Goods2.6 2.6 2.3 2.6 2.6

USA's foreign trade with India, exports to India and imports from India in October 2022


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.

Trade with India represented in October of 2022, 2.6 per cent share of USA's foreign trade in goods, 2.4 % of USA's exports and 2.7 % of imports. In October India was USA's nineth most important foreign trade partner. Amounting trade to worth of $11.8 billion was 8.1 per cent bigger than in October of the previous year. In October the trade balance with India was $3.2 billion in deficit for United States of America.

The value of imports from India was 5.5 per cent higher than in October of the previous year, thus amounting to $7.5 billion. Major product categories of imports from India were Sitc667 (pearls and precious or semiprecious stones, unworked or worked), representing 16.0 percent of imports, Sitc542 (medicaments (including veterinary medicaments)) 9.2 % and Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 4.7 % of the imports.

The value of exports to India were 13.1 percent higher than in October of the previous year, thus amounting to $4.3 billion. The largest product groups of exports were: Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), which represented a share of 32.0 per cent of total exports, Sitc667 (pearls and precious or semiprecious stones, unworked or worked) 7.4 % and Sitc321 (coal, whether or not pulverized, but not agglomerated) 5.6 % of the exports.

Significant increase in trade in goods in early 2022

During January-October, trade in goods with India has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-October of the previous year. Growth was as high as 22.7 per cent and the value of the trade increased to $113.1 billion. During January-October the value of imports was $73.5 billion. The export value was $39.7 billion. Compared to the corresponding period of the previous year, the value of imports increased by 23.3 % and the value of exports by 21.6 %. The largest product group in terms of imports has been Sitc667 (pearls and precious or semiprecious stones, unworked or worked), worth $11.1 billion. In export the largest value had Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth being $8.2 billion. From USA's point of view, the trade balance between the countries in January-October remained in deficit. The trade deficit was $33.8 billion. The trade deficit continued to widen compared to the corresponding period in 2021. At that time, the deficit was $27.0 billion.


Table: USA's export to India (IN) during 2022/6 - 2022/10

2022 / 62022 / 72022 / 82022 / 92022 / 10
million $%million $%million $%million $%million $%
0. Food and live animals 140.5 3.6 65.2 1.7 77.9 2.1 108.4 2.5 115.6 2.7
02. Dairy products and birds' eggs 0.0 0.0 0.0 0.0 0.5 0.0 0.1 0.0 0.0 0.0
03. Fish and fish preparations 2.3 0.1 2.1 0.1 2.7 0.1 2.9 0.1 3.4 0.1
05. Vegetables and fruit 129.5 3.3 52.8 1.4 65.8 1.8 99.6 2.3 104.1 2.4
06. Sugars,sugar preparations and honey 2.0 0.1 1.7 0.0 1.3 0.0 0.6 0.0 0.5 0.0
07. Coffee,tea,cocoa,spices 0.4 0.0 0.9 0.0 0.5 0.0 0.6 0.0 0.5 0.0
08. Feeding stuff for animals 2.7 0.1 2.5 0.1 3.6 0.1 1.7 0.0 3.4 0.1
09. Miscellaneous edible products and preparations 3.0 0.1 4.3 0.1 3.1 0.1 2.2 0.1 3.2 0.1
1. Beverages and tobacco 0.9 0.0 1.2 0.0 1.8 0.0 2.2 0.1 2.4 0.1
11. Beverages 0.9 0.0 1.2 0.0 1.7 0.0 2.2 0.1 2.4 0.1
2. Crude materials,inedible,except fuels 366.1 9.4 363.9 9.5 381.7 10.3 338.1 7.8 354.1 8.2
21. Hides,skins,furskins,raw 0.5 0.0 0.4 0.0 0.1 0.0 0.2 0.0 0.1 0.0
23. Crude rubber (incl.synthetic) 6.2 0.2 6.1 0.2 6.7 0.2 7.0 0.2 3.9 0.1
24. Cork and wood 4.5 0.1 8.0 0.2 8.0 0.2 5.0 0.1 7.1 0.2
25. Pulp and waste paper 69.9 1.8 66.1 1.7 68.6 1.8 79.6 1.8 82.2 1.9
26. Textile fibres and their wastes 109.6 2.8 100.5 2.6 41.9 1.1 15.5 0.4 8.2 0.2
27. Crude fertilizers and crude minerals 4.3 0.1 7.3 0.2 5.8 0.2 7.4 0.2 5.9 0.1
28. Metalliferous ores and metal scrap 166.1 4.3 172.7 4.5 247.0 6.6 220.3 5.1 242.7 5.6
29. Crude animal,vegetable materials n.e.s. 4.8 0.1 2.7 0.1 3.5 0.1 2.7 0.1 4.0 0.1
3. Mineral fuels etc 1,311.3 33.8 1,159.0 30.1 768.1 20.6 1,594.0 37.0 1,829.8 42.4
32. Coal,coke and briquettes 429.5 11.1 278.9 7.3 172.6 4.6 169.7 3.9 241.1 5.6
33. Petroleum and products 703.5 18.1 725.9 18.9 462.0 12.4 1,282.6 29.8 1,479.0 34.2
34. Gas,natural and manufactured 178.3 4.6 154.2 4.0 133.5 3.6 141.6 3.3 109.6 2.5
4. Animal and vegetable oils and fats 0.4 0.0 0.3 0.0 1.5 0.0 0.2 0.0 0.6 0.0
43. Processed animal or vegetable oils,etc. 0.3 0.0 0.1 0.0 1.1 0.0 0.1 0.0 0.6 0.0
5. Chemicals and related products,n.e.s. 491.5 12.7 540.8 14.1 543.1 14.6 548.4 12.7 486.3 11.3
51. Organic chemicals 210.6 5.4 169.0 4.4 124.5 3.3 189.9 4.4 148.7 3.4
52. Inorganic chemicals 16.5 0.4 43.8 1.1 25.3 0.7 49.6 1.2 21.9 0.5
53. Dyeing,tanning and colouring material 14.2 0.4 14.3 0.4 13.3 0.4 10.0 0.2 11.8 0.3
54. Medicinal and pharmaceutical products 54.4 1.4 95.1 2.5 140.9 3.8 37.1 0.9 62.2 1.4
55. Perfume,cleaning etc.preparations 16.0 0.4 15.6 0.4 14.4 0.4 15.0 0.3 19.1 0.4
56. Fertilizers,manufactured 3.0 0.1 3.3 0.1 45.8 1.2 47.7 1.1 1.3 0.0
57. Plastics in primary forms 73.6 1.9 87.1 2.3 88.9 2.4 100.9 2.3 108.5 2.5
58. Plastics in non-primary forms 16.2 0.4 16.0 0.4 15.6 0.4 12.6 0.3 19.2 0.4
59. Chemical materials and products,n.e.s. 87.0 2.2 96.7 2.5 74.4 2.0 85.6 2.0 93.7 2.2
6. Basic manufactures 523.9 13.5 598.8 15.6 564.5 15.2 509.2 11.8 422.7 9.8
61. Leather,dressed fur,etc. 0.7 0.0 0.6 0.0 0.6 0.0 0.9 0.0 1.3 0.0
62. Rubber manufactures,n.e.s. 10.6 0.3 11.1 0.3 11.4 0.3 12.1 0.3 11.0 0.3
63. Wood and cork manufactures 0.4 0.0 0.7 0.0 0.4 0.0 0.3 0.0 0.5 0.0
64. Paper,paperboard and articles thereof 11.3 0.3 12.2 0.3 13.0 0.3 15.5 0.4 13.6 0.3
65. Textile yarn,fabrics,made up articles,etc. 7.2 0.2 7.7 0.2 8.4 0.2 8.4 0.2 9.4 0.2
66. Non-metallic mineral manufactures,n.e.s. 442.7 11.4 491.1 12.8 472.0 12.7 383.6 8.9 331.9 7.7
67. Iron and steel 8.7 0.2 9.8 0.3 10.4 0.3 12.2 0.3 9.2 0.2
68. Non-ferrous metals 14.0 0.4 29.7 0.8 22.6 0.6 49.2 1.1 18.2 0.4
69. Manufactures of metals,n.e.s. 28.3 0.7 35.8 0.9 25.7 0.7 27.1 0.6 27.5 0.6
7. Machinery,transport equipment 511.7 13.2 689.0 17.9 681.4 18.3 700.4 16.3 635.6 14.7
71. Power generating machinery and equipment 34.3 0.9 45.2 1.2 32.4 0.9 33.5 0.8 27.6 0.6
72. Machinery for specialized industries 26.3 0.7 28.8 0.7 30.5 0.8 22.2 0.5 28.7 0.7
73. Metal working machinery 18.8 0.5 6.5 0.2 11.3 0.3 16.7 0.4 8.7 0.2
74. General industrial machinery n.e.s. 93.4 2.4 86.0 2.2 89.1 2.4 85.8 2.0 82.0 1.9
75. Office machines and adp machines 43.7 1.1 57.4 1.5 57.9 1.6 48.4 1.1 56.1 1.3
76. Telecommunications and sound recording equipment 33.3 0.9 45.5 1.2 45.0 1.2 46.5 1.1 52.7 1.2
77. Electric machinery,n.e.s.and parts 109.5 2.8 127.3 3.3 115.4 3.1 126.3 2.9 119.5 2.8
78. Road vehicles 33.4 0.9 56.3 1.5 42.5 1.1 45.8 1.1 32.8 0.8
79. Other transport equipment 119.1 3.1 236.0 6.1 257.4 6.9 275.2 6.4 227.6 5.3
8. Miscellaneous manufactured articles 204.0 5.3 212.6 5.5 244.0 6.6 196.4 4.6 206.6 4.8
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1.1 0.0 1.6 0.0 0.9 0.0 0.8 0.0 1.2 0.0
82. Furniture and parts thereof 4.2 0.1 5.9 0.2 8.1 0.2 8.0 0.2 3.2 0.1
83. Travel goods,handbags and sim.containers 0.3 0.0 0.3 0.0 0.3 0.0 0.5 0.0 0.4 0.0
84. Articles of apparel and clothing accessories 0.7 0.0 0.8 0.0 1.1 0.0 1.2 0.0 0.8 0.0
87. Instruments and apparates n.e.s. 97.2 2.5 108.9 2.8 148.1 4.0 115.2 2.7 109.4 2.5
88. Photographic equipment,optical goods etc. 6.6 0.2 6.5 0.2 4.6 0.1 3.6 0.1 4.8 0.1
89. Miscellaneous manufactured articles,n.e.s. 93.8 2.4 88.2 2.3 80.4 2.2 66.7 1.5 86.6 2.0
9. Goods not classified elsewhere 328.3 8.5 213.3 5.5 457.1 12.3 311.7 7.2 265.3 6.1
93. Special transactions and commodities not classified 21.6 0.6 11.6 0.3 9.2 0.2 13.3 0.3 17.0 0.4
97. Gold,non-monetary 242.0 6.2 141.4 3.7 387.2 10.4 219.7 5.1 173.9 4.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 64.7 1.7 60.3 1.6 60.7 1.6 78.7 1.8 74.5 1.7
0-9. All groups combined 3,878.5 100.0 3,844.1 100.0 3,721.0 100.0 4,308.9 100.0 4,319.1 100.0

Source: US Census Bureau

Table: Import from India (IN) to USA during 2022/6 - 2022/10

2022 / 62022 / 72022 / 82022 / 92022 / 10
million $%million $%million $%million $%million $%
0. Food and live animals 458.5 5.6 389.0 5.1 428.9 6.1 453.0 6.3 425.7 5.7
02. Dairy products and birds' eggs 2.2 0.0 2.1 0.0 1.9 0.0 3.0 0.0 2.1 0.0
03. Fish and fish preparations 311.2 3.8 230.3 3.0 276.1 3.9 254.2 3.5 251.5 3.4
04. Cereals and cereal preparations 42.3 0.5 53.4 0.7 50.6 0.7 54.5 0.8 44.4 0.6
05. Vegetables and fruit 25.6 0.3 22.3 0.3 22.6 0.3 34.3 0.5 33.6 0.4
06. Sugars,sugar preparations and honey 15.9 0.2 24.3 0.3 20.3 0.3 27.0 0.4 31.7 0.4
07. Coffee,tea,cocoa,spices 39.6 0.5 39.1 0.5 40.7 0.6 41.6 0.6 40.9 0.5
08. Feeding stuff for animals 13.2 0.2 3.7 0.0 8.4 0.1 26.4 0.4 8.5 0.1
09. Miscellaneous edible products and preparations 8.5 0.1 13.7 0.2 8.3 0.1 11.9 0.2 12.8 0.2
1. Beverages and tobacco 4.6 0.1 6.4 0.1 6.5 0.1 4.4 0.1 4.2 0.1
11. Beverages 1.2 0.0 1.3 0.0 1.2 0.0 0.8 0.0 1.0 0.0
12. Tobacco and tobacco manufactures 3.4 0.0 5.2 0.1 5.3 0.1 3.6 0.1 3.1 0.0
2. Crude materials,inedible,except fuels 100.5 1.2 122.0 1.6 97.5 1.4 112.4 1.6 95.5 1.3
22. Oil seeds,oleaginous fruits 4.3 0.1 8.0 0.1 6.4 0.1 7.5 0.1 5.5 0.1
23. Crude rubber (incl.synthetic) 2.8 0.0 4.9 0.1 3.6 0.1 4.2 0.1 4.8 0.1
24. Cork and wood 0.3 0.0 1.2 0.0 1.0 0.0 0.2 0.0 1.3 0.0
26. Textile fibres and their wastes 18.0 0.2 15.4 0.2 14.4 0.2 15.9 0.2 10.6 0.1
27. Crude fertilizers and crude minerals 11.0 0.1 12.2 0.2 9.6 0.1 12.6 0.2 8.7 0.1
28. Metalliferous ores and metal scrap 2.6 0.0 1.3 0.0 2.2 0.0 3.0 0.0 1.3 0.0
29. Crude animal,vegetable materials n.e.s. 61.6 0.8 79.1 1.0 60.2 0.9 69.0 1.0 63.2 0.8
3. Mineral fuels etc 651.1 8.0 447.9 5.9 299.2 4.3 168.1 2.3 322.3 4.3
33. Petroleum and products 651.1 8.0 447.9 5.9 299.2 4.3 168.1 2.3 322.2 4.3
4. Animal and vegetable oils and fats 18.2 0.2 33.5 0.4 11.9 0.2 17.0 0.2 25.2 0.3
42. Fixed vegetable fats and oils 15.4 0.2 30.5 0.4 9.6 0.1 14.5 0.2 23.1 0.3
43. Processed animal or vegetable oils,etc. 2.8 0.0 3.0 0.0 1.9 0.0 2.2 0.0 1.9 0.0
5. Chemicals and related products,n.e.s. 1,536.8 18.8 1,350.6 17.9 1,420.2 20.2 1,323.6 18.3 1,424.0 19.0
51. Organic chemicals 355.2 4.4 425.0 5.6 373.5 5.3 386.7 5.4 450.7 6.0
52. Inorganic chemicals 24.6 0.3 29.6 0.4 29.8 0.4 23.9 0.3 29.1 0.4
53. Dyeing,tanning and colouring material 39.0 0.5 39.4 0.5 38.4 0.5 36.7 0.5 34.8 0.5
54. Medicinal and pharmaceutical products 943.4 11.6 694.1 9.2 843.4 12.0 705.0 9.8 716.5 9.6
55. Perfume,cleaning etc.preparations 40.3 0.5 41.4 0.5 30.3 0.4 42.4 0.6 42.5 0.6
56. Fertilizers,manufactured 2.8 0.0 1.7 0.0 2.0 0.0 1.6 0.0 2.2 0.0
57. Plastics in primary forms 16.6 0.2 24.9 0.3 17.4 0.2 28.4 0.4 22.0 0.3
58. Plastics in non-primary forms 45.5 0.6 47.2 0.6 38.4 0.5 48.3 0.7 48.1 0.6
59. Chemical materials and products,n.e.s. 69.3 0.8 47.3 0.6 46.9 0.7 50.4 0.7 78.1 1.0
6. Basic manufactures 2,807.7 34.4 2,494.3 33.0 2,164.4 30.8 2,298.4 31.8 2,508.3 33.5
61. Leather,dressed fur,etc. 10.3 0.1 10.6 0.1 9.9 0.1 10.5 0.1 10.9 0.1
62. Rubber manufactures,n.e.s. 99.6 1.2 101.2 1.3 106.3 1.5 110.2 1.5 115.4 1.5
63. Wood and cork manufactures 18.7 0.2 21.8 0.3 18.4 0.3 17.4 0.2 13.4 0.2
64. Paper,paperboard and articles thereof 37.3 0.5 40.7 0.5 35.5 0.5 47.6 0.7 43.4 0.6
65. Textile yarn,fabrics,made up articles,etc. 481.0 5.9 514.8 6.8 419.3 6.0 479.5 6.6 416.0 5.6
66. Non-metallic mineral manufactures,n.e.s. 1,403.7 17.2 1,233.0 16.3 1,137.9 16.2 1,099.5 15.2 1,356.7 18.1
67. Iron and steel 389.1 4.8 133.1 1.8 128.7 1.8 183.4 2.5 175.4 2.3
68. Non-ferrous metals 78.0 1.0 169.9 2.2 56.6 0.8 60.3 0.8 84.2 1.1
69. Manufactures of metals,n.e.s. 290.1 3.6 269.3 3.6 251.7 3.6 290.0 4.0 292.8 3.9
7. Machinery,transport equipment 1,315.7 16.1 1,405.4 18.6 1,296.3 18.4 1,445.6 20.0 1,431.3 19.1
71. Power generating machinery and equipment 178.1 2.2 198.6 2.6 216.2 3.1 136.7 1.9 175.5 2.3
72. Machinery for specialized industries 151.1 1.9 151.9 2.0 146.2 2.1 177.8 2.5 146.2 2.0
73. Metal working machinery 18.8 0.2 11.4 0.2 11.5 0.2 9.9 0.1 10.0 0.1
74. General industrial machinery n.e.s. 266.5 3.3 283.1 3.7 303.2 4.3 328.8 4.6 336.7 4.5
75. Office machines and adp machines 21.5 0.3 17.4 0.2 22.4 0.3 33.0 0.5 28.7 0.4
76. Telecommunications and sound recording equipment 153.7 1.9 166.3 2.2 121.8 1.7 197.6 2.7 225.5 3.0
77. Electric machinery,n.e.s.and parts 275.0 3.4 289.9 3.8 250.5 3.6 322.5 4.5 307.8 4.1
78. Road vehicles 225.9 2.8 264.9 3.5 205.3 2.9 216.6 3.0 182.0 2.4
79. Other transport equipment 25.1 0.3 21.8 0.3 19.2 0.3 22.6 0.3 18.9 0.3
8. Miscellaneous manufactured articles 1,176.1 14.4 1,204.6 15.9 1,202.5 17.1 1,293.1 17.9 1,160.9 15.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 17.8 0.2 18.6 0.2 14.6 0.2 19.3 0.3 14.7 0.2
82. Furniture and parts thereof 107.8 1.3 121.3 1.6 96.1 1.4 109.6 1.5 99.6 1.3
83. Travel goods,handbags and sim.containers 41.8 0.5 43.2 0.6 45.3 0.6 44.2 0.6 47.8 0.6
84. Articles of apparel and clothing accessories 535.2 6.6 526.8 7.0 497.3 7.1 503.3 7.0 401.7 5.4
85. Footwear 68.1 0.8 60.3 0.8 70.0 1.0 77.9 1.1 69.5 0.9
87. Instruments and apparates n.e.s. 35.0 0.4 32.8 0.4 33.9 0.5 35.2 0.5 35.7 0.5
88. Photographic equipment,optical goods etc. 2.1 0.0 2.4 0.0 2.6 0.0 3.7 0.1 2.9 0.0
89. Miscellaneous manufactured articles,n.e.s. 368.4 4.5 399.2 5.3 442.7 6.3 499.7 6.9 489.1 6.5
9. Goods not classified elsewhere 95.7 1.2 102.1 1.4 101.6 1.4 105.8 1.5 98.3 1.3
93. Special transactions and commodities not classified 62.8 0.8 69.7 0.9 68.1 1.0 67.3 0.9 60.3 0.8
96. Coin (not gold coin or legal) 0.0 0.0 0.1 0.0 0.2 0.0 1.1 0.0 0.6 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 32.9 0.4 32.3 0.4 33.2 0.5 37.3 0.5 37.3 0.5
0-9. All groups combined 8,164.9 100.0 7,555.8 100.0 7,029.1 100.0 7,221.4 100.0 7,495.6 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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