India
U.S. Trade with India in 2022
Export Market Rank
#14 Among U.S. Agricultural Export Markets
Total Export Value
$2.34 Billion
3-Year Average
$2 Billion
Compound Average Growth
9.2% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to India in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Tree Nuts | $1 Billion | 245,977 | $699.32 Million | 171% |
| Cotton | $491.69 Million | 142,031 | $274.74 Million | 446% |
| Soybean Oil | $207.63 Million | 133,057 | $35.42 Million | 633% |
| Ethanol (non-bev.) | $175.94 Million | --- | $191.53 Million | 302% |
| Forest Products | $81.31 Million | --- | $48.78 Million | 80% |
| Other Intermediate Products | $56.58 Million | 13,669 | $45 Million | 31% |
| Essential Oils | $45.72 Million | 1,626 | $27.44 Million | 171% |
| Dairy Products | $39.42 Million | 8,839 | $33.69 Million | 84% |
| Fish and Seafood | $38.33 Million | 4,193 | $32.97 Million | 196% |
| Other Feeds, Meals & Fodders | $29.84 Million | 7,692 | $17.05 Million | 140% |
Data and Analysis
FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.
FAS Mumbai forecasts marketing year (MY) 2023/24 (October-September) India coffee production at 5.9 million 60-kilogram bags, two percent higher than the previous estimate. Dry conditions from October through December are expected to result in higher Arabica yields, with less incidence of berry droppings and damage.
India’s Ministry of Heavy Industries and Ministry of Road Transport & Highways reduced the producer per-unit subsidy electric vehicles (EVs) from 40 percent to 15 percent of the manufacturer’s price.
News and Features
News Release
USDA Announces Planned Trade Missions for 2024, Shares Next Steps for Regional Agricultural Promotion Program
Agriculture Secretary Tom Vilsack today announced next steps in the U.S. Department of Agriculture’s efforts to bolster U.S. agricultural trade, including the department’s planned trade missions for 2024 and the opening of a public comment period for the new Regional Agricultural Promotion Program (RAPP). These efforts will help to support further growth in U.S. agricultural exports and introduce high-quality U.S. agricultural products to new markets.
India has agreed to reduce tariffs on its imports of U.S. turkey, duck, cranberries and blueberries, creating new market opportunities for U.S. producers and exporters in the world’s most populous nation.
News Release
Statement by Secretary Vilsack Regarding India’s Reduction in Retaliatory Tariffs on Agricultural Products
Secretary Tom Vilsack issued a statement regarding the Office of the U.S. Trade Representative’s announcement that India will remove retaliatory tariffs on certain agriculture products, restoring and expanding significant market opportunities for U.S. farmers.