India
U.S. Trade with India in 2024
Export Market Rank
#12 Among U.S. Agricultural Export Markets
Total Export Value
$2.25 Billion
3-Year Average
$2.14 Billion
Compound Average Growth
6% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to India in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Tree Nuts | $1.12 Billion | 274,649 | $836.22 Million | 84% |
| Ethanol (non-bev.) | $420.89 Million | --- | $246.6 Million | 477% |
| Cotton | $209 Million | 76,439 | $300.08 Million | 82% |
| Pulses | $73.41 Million | 84,437 | $49.36 Million | -46% |
| Essential Oils | $67.19 Million | 2,085 | $36.56 Million | 230% |
| Dairy Products | $52.65 Million | 15,810 | $39.22 Million | 230% |
| Other Intermediate Products | $51.27 Million | 10,165 | $45.97 Million | 26% |
| Other Feeds, Meals & Fodders | $43.73 Million | 15,998 | $21.83 Million | 197% |
| Fresh Fruit | $40.07 Million | 40,255 | $63.61 Million | -64% |
| Soybean Oil | $37.53 Million | 34,069 | $36.36 Million | 47578% |
Data and Analysis
India has extended the policy of unrestricted imports of yellow peas at zero duty until March 31, 2026. On May 30, 2025, the Ministry of Finance (MoF) issued a custom notification continuing the import duty exemption on yellow peas through March 31, 2026.
India presents both significant opportunities and notable challenges for U.S. food and beverage exports. As the world’s fastest-growing major economy and currently the fifth largest globally, India is projected to rise to third place by 2028.
Post estimates India’s ethanol production in calendar year (CY) 2025 to reach 10.5 billion liters (BL), marking a 46 percent increase over 2024 due to improved feedstock availability and favorable monsoon conditions.
News and Features
Private exporters reported sales of 23,000 MT of soybean oil for delivery to India during MY 2024/2025.
Private exporters reported the following sales activities for MY 2024/2025: 30,000 MT of soybean oil for delivery to India, 261,264 MT of soybeans for delivery to Mexico, 135,000 MT of soybean cake and meal for delivery to the Philippines.
Private exporters report sales to China, India, Mexico, and unknown destinations.