Trade with India saw single-biggest jump among 15 nations in the past year: U.S. envoy

In 2021, overall U.S.-India bilateral trade in goods and services was $157 billion, as per official data

U.S.'s trade with its top 15 partners increased over the past one year, but the single biggest jump was with India, the country's Consul General in Kolkata Melinda Pavek said.

Ms. Pavek, while addressing a session here at the East India Summit 2022 organised by the Confederation of Indian Industry (CII), said India-U.S. trade stood at $67 billion during the first six months of 2022.

"Exports to India were $23 billion, while Indian exports to the U.S. stood at $44 billion during January-June.

"U.S. trade with its top 15 partners has increased over the past year, but I am proud to say that the single biggest jump was with India... US companies are consistently India's biggest source of foreign direct investment (FDI)," she said.

In 2021, overall U.S.-India bilateral trade in goods and services was $157 billion, as per official data.

Some of the top trading partners of the U.S. include China, Canada, Mexico, Japan, Germany, the United Kingdom and France.

Ms. Pavek also said several U.S. agencies are involved in developmental projects in eastern India.