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India vs. USA: Trade Balance Circa 2024

New Tariffs: Who is winning and Who is losing: explains Dr. Dheeraj Dogra MRICS

BY Realty+
Published - Monday, 11 Aug, 2025
India vs. USA: Trade Balance Circa 2024

~Trade Snapshot~

Total Bilateral Trade: $131.84B India’s Exports to USA: $86.51B India’s Imports from USA: $45.33B India’s Trade Surplus: $41.18B U.S. Trade Deficit: $45.7B Visual: Bar chart with India’s surplus highlighted in gold.

 ~India’s Export Power~

Top Indian Exports to USA – Engineering Goods: $19.15B – Electronics: $14.63B – Pharmaceuticals: $10.51B – Gems & Jewelry: $9.93B Visual: Icons for each sector with export values.

~U.S. Export Snapshot~

Top U.S. Exports to India – Mineral Fuels & Oils: $14.34B – Machinery & Reactors: $4.42B – Aircraft & Spacecraft: $1.66B Visual: Pie chart with sector-wise breakdown.

~Tariff Tensions~

U.S. Tariffs on India – 25% Reciprocal Tariff – 25% Penalty Tariff  Trigger: Russian oil imports Impact: Moody’s warns of 0.3% GDP hit Visual: Red warning icon with a globe and oil barrel.

~ Strategic Signals~

India isn’t just surviving tariffs—it’s outperforming them. ? Local sourcing is rising ? Global alliances are shifting ? Strategic clarity is non-negotiable

~Who Pays for the Tariff Increase on Indian Goods? ~

While the tariffs are aimed at punishing India, they also act as a self-inflicted wound for the U.S. economy. American consumers and businesses are likely to feel the pinch through higher prices and disrupted supply chains. In essence, tariffs are taxes paid by the importing country’s stakeholders—not the exporting country directly.

 ~What kind of Backup Plans and Economic Adjustments India can explore~

~Closing Quote~

“India’s trade resilience is more than numbers—it’s a signal to rethink global strategy.” #Trade Strategy #Retail Trends #MakeInIndia #Leadership Signals 

~My Parting Shot as a Real Estate Professional~

 Trump Towers could lose fan following in India!

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