India’s trade surplus with the United States may cross $90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI. Indian exporters may increase their exports of the top 15 items to the US by around $97 billion in a year. Including the remaining items, the export potential may easily cross the $100 billion mark annually. It termed the decline in tariffs as a golden opportunity for Indian exporters to increase their market share in the US. Given that the surplus was already $40.9 billion in FY25 and $26 billion in FY26 (April-December), the additional export push is likely to drive the surplus beyond $90 billion annually. The report said the net impact on GDP would be around 1.1%, as per a report.
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