U.S. India Pakistan Business – How important is the US role in the economy of India and Pakistan? Understand from data – how important the US business is for India and Pakistan Trump
US President Donald Trump has repeatedly claimed that his administration has ceased between India and Pakistan, which ended a dangerous conflict between the two nuclear weapons countries. Trump has said that the two countries have been forced to cease through trade. At the same time, the Indian government denied that there were no negotiations about business.
But is trade with the US to accept the ceasefire for India or Pakistan? Is it very easy to stop the US trade from these countries? Let us examine Trump’s claim through data.
The trade between India and the United States
India does more business with the United States compared to all countries. In the last decade, there has been a constant increase in bilateral trade between the two countries. In the fiscal year 2024, trade between India and the United States rose to $ 130 billion. In 2016, there was $ 69 billion trade between the two.
In 2005, India imported 2 8.2 billion products from the US. According to the United States Business Representative (USDR), it increased by five times in 2024 to $ 42 billion.
The US is 8 percent of India’s foreign trade. Not only that, but India is making more exports to the US. The United States traveled 18 percent of India’s total exports.
According to the Ministry of Commerce and Industry, India exported $ 16.5 billion to the United States in 2005, which increased to $ 87 billion last year, over 2023 ($ 3.7 billion) 2023.
According to the United Nations Database, India’s import from the United States was $ 42 billion in 2024. This is six percent of India’s total imports.
In the last fiscal year, the US trading flow was about 2.4 percent. India’s share of total US imports was about 2.7 percent and two percent of exports.
Does India export most of things to the US?
India receives very machines, information technology, pharmaceuticals, pharmaceuticals and textiles for the United States.
Last year was one of the top 10 markets for the United States, which contained about 2.4 percent of the total US trading flow.
What does India import from the US?
India imports oil-gas, coal, space equipment, chemicals and industrial products from the United States. Due to the growing air sector in India, space products are increasing in India.
The business relations between India and the United States are very deep. In such a situation, the US will not break the trade without thinking directly from India. Both countries need business for each other.
After the announcement of Donald Trump’s fees, the US has affected business ties with many countries, including China and Canada. In such a situation, the US does not want to affect trade with India.
Trade between Pakistan and the US
Over the past decade, there are ups and downs in trade between Pakistan and the United States. The trade of the two countries was slightly less than $ 6 billion in 2016. It increased to $ 10 billion in 2022. However, by 2024, it fell to $ 7.5 billion.
At this time, the United States of America was seven to nine percent in Pakistan’s wholesale trade. At the same time, Pakistan’s share of the total US trade is 0.1 percent.
Pakistan’s trade deficit with the United States in 2024 was $ 3 billion, over 5.2 per cent ($ 147.9 million) than 2023.
American share in Pakistan’s trade
Over the past two decades, Pakistan has improved slightly in trade with the United States. In 2005, Pakistan imported $ 1.2 billion, reaching $ 3 billion in 2018 and fell to $ 2 billion last year. However, the share of imports from the United States was low, which was only three percent of Pakistan’s total import.
On the other hand, the US saw an increase in the import of Pakistan’s imports. In 2005, Pakistan exported $ 3.3 billion to the United States. It increased more than $ 5 billion by 2024, which was 17 percent of total exports, which created the best exports market in the US Pakistan.
Pakistan’s best exports to the United States are mainly concentrated in the textile and garment industry. This includes domestic cloth, cotton textile and knitted cloth. Its major imports from the United States include raw cotton, an important input to Pakistan’s textile industry, such as agricultural products such as machines, scrap iron and soybean.
