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How dependent is the United States on India?

In 2024, India sold $88.8 billion to the United States, 2.8% of its imports, ranking 9th among its suppliers. Its share was 2.4% in 2019 and 0.81% in 1995. In 8 products it sells more than 50% of what the United States buys of them (in 1, more than 75%); what the United States buys from India in those products (dominated value) adds up to $1.5 billion, 0.05% of its imports.

Summary

Share of its imports
2.8%
Value imported
$88.8billion
Rank among its suppliers
9th
Products where it sells over 50%
8
Products where it sells over 75%
1
Dominated value
$1.5billion
Share of total imports
0.1%

Trend

Trend in shares

India went from 0.81% to 2.8% of what the United States buys

Share (%)

  • India 2.8%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19956,1500.81%24
19966,9920.87%23
19977,9650.91%21
19988,8500.97%21
19999,8090.96%21
200010,7960.9%22
20019,8140.88%23
200212,6171.1%18
200313,6651.1%18
200416,5851.1%18
200520,0951.2%18
200622,7971.2%18
200725,1011.3%17
200826,5751.3%17
200922,0701.4%15
201029,8241.6%14
201138,2021.7%11
201241,9931.9%9
201343,3301.9%9
201446,7102%9
201545,9032.1%8
201647,3192.2%8
201750,1192.2%7
201855,7242.2%8
201958,5292.4%8
202053,1012.3%11
202175,9132.7%9
202288,4632.8%9
202385,0282.8%9
202488,8412.8%9

Products where India sells more than half

ProductSupplierShareSecondValue
Synthetic gemstonesIndia88.2%over 75%Thailand · 2.9%$969 million
Knotted carpetsIndia59.9%Nepal · 12.9%$234 million
Chassis with enginesIndia67.3%Canada · 18.9%$126 million
Anise, coriander and cumin seedsIndia63.5%Egypt · 9.8%$85 million
Coir, abaca and ramieIndia67.9%Sri Lanka · 21%$44 million
Jute fabricIndia70.5%Bangladesh · 18%$31 million
Prepared human hairIndia64.6%China · 14.3%$16 million
Halogenated or nitrated aldehyde derivativesIndia73.2%China · 12.2%$2 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

The United States is India’s 1st-largest customer, with 19.4% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.