India-US Trade Explained: From shrimp and smartphones to oil and tariffs

From doubling surpluses to rising oil dependence, here's a visual breakdown of India-US trade dynamics

Aug 21, 2025, 10:36 IST1 min

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Government push in smartphone manufacturing has driven up India"s electrical exports to the US by 90% in FY25 compared to the year before. Petroleum imports from the US have simultaneously risen.

Image by Mukesh Singh

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India accounted for about 14% of the US" imports of gems and jewellery in 2024. Canada and South Africa follow closely with a 10% share.

Image by Mukesh Singh

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Any disruption in India"s shrimp exports to the US could mean significant gains for countries like Ecuador, Indonesia and Vietnam

Image by Mukesh Singh

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Textile from Bangladesh pose a stiff competition to Indian textile exports to the USA

Image by Mukesh Singh

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India"s reliance on cheaper Russian crude oil continues to grow. Russia made up less than 2% of India"s total crude imports before the invasion of Ukraine, it now accounts for more than a third of it

Image by Mukesh Singh

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Since the "reciprocal tariffs" were first announced in April this year, a number of countries have managed to negotiate trade deals and lower tariff rates with the Trump administration.

Image by Mukesh Singh