The United States has reported a goods trade deficit of $54.91 billion with India over the last 12 months, making India one of Washington’s top deficit partners. In February, the US trade deficit expanded to $57.35 billion, up $2.67 billion from January, with imports outpacing exports.
The monthly data revealed that total exports were at $314.8 billion, while imports reached $372.1 billion in February. The US faced a goods trade deficit of $84.60 billion, but the services sector showed a surplus of $27.26 billion. Imports grew faster than exports during this period.
India was highlighted as a significant trade partner for the US, with a goods trade deficit of approximately $3.5 billion recorded in February alone. Over the 12-month period ending in February 2026, India contributed around 5.01% to the total US goods trade deficit, indicating consistent trade ties between the two nations.
Imports from India amounted to $101.97 billion during the same period, emphasizing India’s role in supplying pharmaceuticals, engineering goods, and other products to the US market. These imports attracted $12.34 billion in US customs duties, with an average applied tariff rate of 12.12%.
