Webinar Conference: Taking your Business Global - How to Export to India
Taking Your Business Global - How to Export to India
Hosted by Connecticut SBA District Office and Greater Hartford SCORE Chapter
Start at 1:00 PM (Eastern), Monday, June 25, 2018
U.S. - India Bilateral Trade in 2016:
-India GDP was an estimated $2.3 trillion and the population was 1.3 billion.
-India was the United States' 18th largest goods export market.
-U.S. goods and services trade with India totaled an estimated $114.8 billion. Exports were $42.0 billion; imports were $72.8 billion.
-The top export categories were: precious metal and stone (diamonds) ($7.0 billion), machinery ($2.0 billion), optical and medical instruments ($1.3 billion), mineral fuels ($1.2 billion), and electrical machinery ($1.2 billion).
-U.S. total exports of agricultural products to India totaled $1.3 billion. The 21st largest agricultural export market. Leading domestic export categories to include: tree nuts ($522 million), cotton ($250 million), pulses ($144 million), fresh fruit ($72 million), and planting seeds ($32 million).
-According to the Department of Commerce, U.S. exports of Goods and Services to India supported an estimated 197,000 jobs in 2015 . (82,000 supported by goods exports and 116,000 supported by services exports).
-Connecticut goods export to India in 2017 was over $130 million.
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