Indian Economy News

Indian exports to US up 14 pc to US$ 4.9 billion in December

  • IBEF
  • February 17, 2021

India's exports to the US. increased by 14% to US$ 4.89 billion in December 2020 from US$ 4.28 billion in December 2019.

December 2020 marked the fourth consecutive month of positive growth, indicating a good trade recovery.

Total trade between the two countries improved from 7.29 billion dollars in 2019 by 5.3% to 7.68 billion dollars in 2020.

India’s exports to the US in 2020 (January to December) stood at US$ 51.1 billion. And the US exports to India stood at US$ 27.4 billion in 2020.

Indian exports in several categories were commonly featured in many monthly trade analysis reports, suggesting that, despite the COVID-19 pandemic, these product groups demonstrated strong resilience.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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