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According to Census Bureau statistics, the U.S. trade deficit with India was US$4.7 billion for 2009.
That figure represents a 33.6% improvement over America’s $7.1 billion trade deficit with India in 2008. U.S. purchases of imported Indian products slumped to $21.2 billion in 2009 – a 17.8% drop from the $25.8 billion worth of Indian exports sold to the U.S. one year earlier.
Also in 2009, U.S. exports to India were down 11.8% to $16.5 billion from $18.7 billion during 2008.
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