By 2030, Piyush Goyal Estimates That Trade Between The US And India Might Reach $500–600 Billion.

india import export data

This Saturday, Piyush Goyal estimates that the trade value between The US and India Might reach $500-$600 Billion US Dollars by 2030. 

At the current time, the trade value between US & India is around $175 Billion US Dollars and their trade relationship is getting stronger day by day.   

The US sees India as a trading partner and friend in the Indo-Pacific region. As per the India Import Export Data, The Indo-Pacific Economic Framework for Prosperity (IPEF), which is composed of 14 countries, has a trading pillar. Whether India joins or not relies entirely on what it receives in return. 

According to the US import export data,  the 14 Indo-Pacific Economic Framework for Prosperity (IPEF) partners represent a global trade in products and services of around 28% and an overall GDP of around 40%.

New Zealand, the Philippines, Singapore, Thailand, Vietnam, the US, Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Korea, and Malaysia are part of the 14 Indo-Pacific Economic Framework for Prosperity (IPEF).  

He added that This agreement is in the discussion stage between the country’s stakeholders.  

Sufficient for now, Gather the most prominent Import Export Data market report through the best Global Import export data provider.

 

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