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India

India ranked No. 9 in total trade value through July with a total of $55.31 billion. Exports totaled $20.88 billion and Imports totaled $34.43 billion, a deficit of $13.55 billion.

January – July 2019

Top Trading Ports

Total Trade: $55.31 billion

RankPortTotal YTD
1Port of Newark $8,090,479,715
2John F. Kennedy International Airport $6,637,920,935
3Los Angeles International Airport $5,123,584,182
4Port of Houston $4,188,244,827
5Port of Savannah, Ga. $3,267,999,536
6Port of Virginia $2,926,604,519
7Port of Los Angeles $2,199,695,391
8Chicago O’Hare International Airport $2,058,506,338
9Port of Charleston $2,007,108,994
10Port of Baltimore, Md. $1,653,281,726

U.S. trade with India rose to $55.31 billion through July

India’s trade with the United States rose to $55.31 billion through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 11.62 percent above its total trade during the same time period last year. U.S. exports to India increased 15.18 percent while U.S. imports from India rose 9.57 percent. The U.S. deficit with India was $13.55 billion.

Through July, 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 49.37 percent of India’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 7.7 percent to $8.09 billion.
    Exports rose 17.1 percent to $384.07 million. Imports rose 7.27 percent to $7.71 billion.
  • Trade with No. 2 John F. Kennedy International Airport fell 12.5 percent to $6.64 billion.
    Exports fell 36.62 percent to $1.78 billion. Imports rose 1.63 percent to $4.86 billion.
  • Trade with No. 3 Los Angeles International Airport fell 2.8 percent to $5.12 billion.
    Exports fell 2.38 percent to $2.58 billion. Imports fell 3.22 percent to $2.54 billion.
  • Trade with No. 4 Port of Houston rose 55.88 percent to $4.19 billion.
    Exports rose 98.3 percent to $2.19 billion. Imports rose 26.22 percent to $2 billion.
  • Trade with No. 5 Port of Savannah, Ga. rose 14.06 percent to $3.27 billion.
    Exports rose 40.13 percent to $674.44 million. Imports rose 8.8 percent to $2.59 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 $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to India by value through July were the categories of Oil; Diamonds, not mounted; Gold; Coal, briquettes; and Civilian aircraft, parts, respectively. They accounted for 42.42 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 40.84 percent of all inbound shipments.

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

  • Oil rose 192.29 percent compared to last year to $3.46 billion.
  • Diamonds, not mounted fell 8.79 percent compared to last year to $2.83 billion.
  • Gold fell 17.63 percent compared to last year to $966.03 million.
  • Coal, briquettes fell 21.72 percent compared to last year to $852.2 million.
  • Civilian aircraft, parts fell 44.87 percent compared to last year to $755.63 million.

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

  • Diamonds, not mounted fell 6.07 percent compared to last year to $5.02 billion.
  • Medicines in individual dosages rose 27.29 percent compared to last year to $4.47 billion.
  • Gasoline, other fuels rose 31 percent compared to last year to $2.48 billion.
  • Linens for bed, bath and kitchen rose 1.31 percent compared to last year to $1.07 billion.
  • Shrimp, other crustaceans rose 0.17 percent compared to last year to $1.03 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.