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India

India ranked No. 9 in total trade value through March with a total of $23.48 billion. Exports totaled $8.81 billion and Imports totaled $14.67 billion, a deficit of $5.86 billion.

January – March 2019

Top Trading Ports

Total Trade: $23.48 billion

RankPortTotal YTD
1Port of Newark $3,581,562,556
2John F. Kennedy International Airport $2,926,957,933
3Los Angeles International Airport $2,330,475,842
4Port of Houston $1,703,397,716
5Port of Savannah, Ga. $1,408,663,845
6Port of Virginia $1,158,845,027
7Port of Los Angeles $957,495,982
8Port of Charleston $877,112,123
9Chicago O’Hare International Airport $755,924,501
10Port of New York $666,983,521

U.S. trade with India rose to $23.48 billion through March

India’s trade with the United States rose to $23.48 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.61 percent above its total trade during the same time period last year. India’s exports increased 18.96 percent while imports rose 15.24 percent. The U.S. deficit with India was $5.86 billion.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 John F. Kennedy International Airport; No. 3 Los Angeles International Airport; No. 4 Port of Houston; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Newark No. 3 Los Angeles International Airport No. 4 Port of Savannah, Ga. and No. 5 Port of Houston. In the current time period, the top five accounted for 50.9 percent of India’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 20.22 percent to $3.58 billion.
    Exports rose 30.59 percent to $174.04 million. Imports rose 19.73 percent to $3.41 billion.
  • Trade with No. 2 John F. Kennedy International Airport fell 10.24 percent to $2.93 billion.
    Exports fell 32.46 percent to $801.79 million. Imports rose 2.47 percent to $2.13 billion.
  • Trade with No. 3 Los Angeles International Airport rose 9.06 percent to $2.33 billion.
    Exports rose 9.95 percent to $1.19 billion. Imports rose 8.15 percent to $1.14 billion.
  • Trade with No. 4 Port of Houston rose 62.58 percent to $1.7 billion.
    Exports rose 129.73 percent to $966.87 million. Imports rose 17.49 percent to $736.52 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 21.32 percent to $1.41 billion.
    Exports rose 47.64 percent to $303.99 million. Imports rose 15.65 percent to $1.1 billion.

India ranked No. 9 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 9.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to India by value through March were the categories of Oil; Diamonds, not mounted; Coal, briquettes; Gold; and Civilian aircraft, parts, respectively. They accounted for 44.29 percent of total exports to India.

The value of the top five categories of U.S. imports from India –– Diamonds, not mounted; Medicines in individual dosages; Gasoline, other fuels; Linens for bed, bath and kitchen; and Shrimp, other crustaceans –– accounted for 40.57 percent of all inbound shipments.

Looking more closely at U.S. exports to India:

  • Oil rose 753.68 percent compared to last year to $1.43 billion.
  • Diamonds, not mounted fell 4 percent compared to last year to $1.26 billion.
  • Coal, briquettes fell 11.7 percent compared to last year to $449.75 million.
  • Gold fell 1.01 percent compared to last year to $428.96 million.
  • Civilian aircraft, parts fell 55.02 percent compared to last year to $341.78 million.

Looking more closely at U.S. imports from India:

  • Diamonds, not mounted rose 0.94 percent compared to last year to $2.23 billion.
  • Medicines in individual dosages rose 28.03 percent compared to last year to $1.85 billion.
  • Gasoline, other fuels rose 102.79 percent compared to last year to $1.01 billion.
  • Linens for bed, bath and kitchen fell 3.6 percent compared to last year to $438.6 million.
  • Shrimp, other crustaceans fell 0.19 percent compared to last year to $423.23 million.

In the latest annual figures available, India recorded $74.33 billion in trade with the United States. At year’s end, its were New York City; Los Angeles; Atlanta/Savannah; Houston; and Chicago. Total U.S. exports to India were $ 25.7 billion and imports from India were $48.63 billion. The U.S. deficit with India was $22.93 billion.