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VOL. 7, ISSUE 4 (2025)
An Analysis of India's Bilateral Trade Dynamics with the United States (2020–21 to 2024–25)
Authors
Tanushree Khichi
Abstract
This research paper presents a comprehensive and in-depth examination
of the bilateral trade relations between India and the United States during the
fiscal years 2020–21 to 2024–25. The study utilizes official trade data to
explore key dimensions such as exports, imports, total trade volume, and the
resulting trade balance. By comparing India’s bilateral trade performance with
the USA to its overall global trade, the paper highlights the growing strategic
and economic importance of the United States in India’s external sector. The
analysis reveals that the USA has emerged as India’s most significant export
destination, with its share in India’s total exports consistently increasing
over the years. Despite global economic disruptions and supply chain challenges,
India has sustained a substantial and widening trade surplus with the USA,
reinforcing the robustness of this partnership. These findings underscore the
depth of mutual economic engagement and the critical role of India–US trade in
the evolving global economic architecture.
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Pages:13-16
How to cite this article:
Tanushree Khichi "An Analysis of India's Bilateral Trade Dynamics with the United States (2020–21 to 2024–25)". International Journal of Commerce and Economics, Vol 7, Issue 4, 2025, Pages 13-16
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