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India

India ranked No. 9 in total trade value through October with a total of $73.49 billion. Exports totaled $27.15 billion and Imports totaled $46.34 billion, a deficit of $19.19 billion.

January – October 2018

Top Trading Ports

Total Trade: $73.49 billion

RankPortTotal YTD
1John F. Kennedy International Airport $11,293,152,110
2Port of Newark $11,039,890,002
3Los Angeles International Airport $7,516,671,170
4Port of Houston $4,230,622,080
5Port of Savannah, Ga. $4,175,227,621
6Port of Virginia $3,725,255,878
7Port of Los Angeles $3,009,548,579
8Port of Charleston $2,790,403,076
9Chicago O’Hare International Airport $2,629,614,672
10Port of New York $1,817,951,361

U.S. trade with India rose to $73.49 billion through October

India’s trade with the United States rose to $73.49 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.05 percent above its total trade during the same time period last year. India’s exports increased 27.67 percent while imports rose 13.07 percent. The U.S. deficit with India was $19.19 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Newark; 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 52.05 percent of India’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 4.22 percent to $11.29 billion.
    Exports fell 8.43 percent to $3.9 billion. Imports fell 1.83 percent to $7.39 billion.
  • Trade with No. 2 Port of Newark rose 21.32 percent to $11.04 billion.
    Exports rose 20.13 percent to $582.96 million. Imports rose 21.39 percent to $10.46 billion.
  • Trade with No. 3 Los Angeles International Airport rose 25.65 percent to $7.52 billion.
    Exports rose 22.46 percent to $3.76 billion. Imports rose 29.01 percent to $3.76 billion.
  • Trade with No. 4 Port of Houston rose 28.86 percent to $4.23 billion.
    Exports rose 40.93 percent to $1.84 billion. Imports rose 20.91 percent to $2.39 billion.
  • Trade with No. 5 Port of Savannah, Ga. rose 10.45 percent to $4.18 billion.
    Exports fell 6.07 percent to $700.7 million. Imports rose 14.51 percent to $3.47 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. 10.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to India by value through October were the categories of Diamonds, not mounted; Oil; Civilian aircraft, parts; Gold; and Coal, briquettes, respectively. They accounted for 44.73 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; Shrimp, other crustaceans; and Linens for bed, bath and kitchen –– accounted for 41.31 percent of all inbound shipments.

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

  • Diamonds, not mounted rose 27.32 percent compared to last year to $4.59 billion.
  • Oil rose 571.64 percent compared to last year to $2.4 billion.
  • Civilian aircraft, parts rose 51.81 percent compared to last year to $2.06 billion.
  • Gold fell 15.31 percent compared to last year to $1.67 billion.
  • Coal, briquettes rose 74.81 percent compared to last year to $1.42 billion.

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

  • Diamonds, not mounted rose 12.5 percent compared to last year to $8.05 billion.
  • Medicines in individual dosages rose 3.45 percent compared to last year to $5.13 billion.
  • Gasoline, other fuels rose 20.18 percent compared to last year to $2.73 billion.
  • Shrimp, other crustaceans rose 1.57 percent compared to last year to $1.64 billion.
  • Linens for bed, bath and kitchen fell 1.47 percent compared to last year to $1.59 billion.

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.