Economy International TradeTrade relation with India

Presented By: Piyush Kumar Patidar , Prathmesh Shitole & Govinda AgrawalMBA (IB) 2013-15School of Economics DAVV, Indore

Economic overview

International Trade

Exports & Imports Products

U.S.-India Bilateral Trade

U.S. Export to India

U.S. Imports From India

References

largest national economy, representing 22.4% of nominal global GDP and 16.6% of global GDP

GDP was estimated to be $17.535 trillion as of Q3 2014

The U.S. dollar is the currency most used in international transaction & the world's foremost reserve currency

mixed economy

largest trading partners are Canada, China, Mexico, Japan, Germany

abundant natural resources, a well-developed infrastructure, and high productivity

the world's largest producer of oil and natural gas.

second-largest trading nation in the world

Of the world's 500 largest companies, 132 are headquartered in the US, twice that of any other country

The New York Stock Exchange is by far the world's largest stock exchange by market capitalization.

Foreign investments made in the US total almost $2.4 trillion, while American investments in foreign countries total over $3.3 trillion.

among the top three global importers and exporters.

Top Trading partners are Canada, China, Mexico, Japan & Germany respectively

Top exporting countries are Canada, Mexico, China, Japan & UK

Top Importing Countries are China, Canada, Mexico, Japan & Germany

Imports : 1.Oils , 2.Machines(Engines, Pumps), 3.Electronic equipments, 4.Vehicles, 5.Medical & Technical Equipment

Exports : 1.Machines(Engines, Pumps), 2.Electronic equipments 3.Oil, 4.Vehicles, 5.Aircrafts & Spacecrafts.

American foreign trade is regulated internally by:

United States Court of International Trade

United States International Trade Commission

U.S. goods and private services trade with India totaled $93 billion in 2012 (latest data available)

Exports totaled $34 billion; Imports totaled $59 billion.

11th largest goods trading partner with $63.7 billion

The U.S. goods trade deficit with India was $20.0 billion in 2013.

18th largest goods export market in 2013.

The top exports categories in 2013 were:

Precious Stones (diamonds and gold),

Aircraft,

Machinery,

Electrical Machinery, and

Optic and Medical Instruments

India is 10th largest supplier of goods imports in 2013 to USA.

import categories in 2013 were:

Precious Stones (diamonds),

Pharmaceutical Products,

Mineral Fuel (oil),

Organic Chemicals, and

Miscellaneous Textile Articles

www.ustr.gov/countries-regions/south-central-asia/india

www.census.gov/foreign-trade

Wikipedia.com

www.indianembassy.org