The United States and India have a strong trading relationship, with bilateral trade reaching €113 billion in 2024. This trade partnership is crucial for both countries, as it helps boost their economies and create jobs. The trade balance between the two countries heavily favors India, with a surplus of €39.9 billion in India’s favor.
In recent years, India has emerged as a key trading partner for the US, thanks to its large consumer market and growing economy. The US is one of India’s largest export destinations, with a wide range of goods being traded between the two countries. This includes items such as textiles, pharmaceuticals, and agricultural products.
The two countries have also been working to strengthen their economic ties through various trade agreements and initiatives. This has helped to facilitate smoother trade between the US and India, and create new opportunities for businesses in both countries.
Overall, the strong trading relationship between the US and India has been mutually beneficial, helping to boost economic growth and create jobs in both countries. As two of the world’s largest economies, the US and India have a lot to gain from continued collaboration and partnership in the trade sector.
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