US-India Bilateral Trade First Half of 2021

The most recent data available for Q1 and Q2 (January-June 2021) reflects a cumulative growth of 34% in total bilateral trade including goods and services (worth almost $76 billion), albeit on negative base growth rate recorded last year same time due to the pandemic-driven partial economic activities in both the economies. U.S. exports of goods and services to India ($27 billion) and U.S. imports from India ($49 billion) expanded 25% and 40%, respectively during the first half of 2021 on year-on-year basis.

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