Indo-US Trade

August 25, 2011 3:24 pm
India and the World
no comments

Bilateral trade between India and the United States during 2010-11 and 2011-12 (P) is as under:-

In USD Million

Sl.No.	Exports/Imports	2009-2010	2010-11
1.	Exports	19,535.49	25,672.85
2.	Imports	16,973.68	18,529.96
3.	Total trade	36,509.17	44,202.81

(Source: Department of Commerce-NIC)

During the Second India – US Strategic Dialogue held in July 2011 with U.S. Secretary of State, Hillary Clinton, the two sides lauded the growth in trade and investment flows in both directions. They welcomed the increase and the balanced and positive growth in bilateral trade in 2010. They also acknowledged the enormous potential for further expansion and reiterated their commitment to take steps to expand trade ties further.

This information was given by the Minister of State in the Ministry of Commerce and Industry,Shri Jyotiraditya M. Scindia, in a written reply in the Rajya Sabha