Introduction
There are many items that are used in the trade to India from America; this country has been viewed as one of the important trade partners of the United States for quite a long time. There are good reasons that make the US to continuous pursue good relationships on all levels with the India. Apart from the things that enhance trade to India from the US is the intentional dilution of the ever increasing threats power of China as one of the world’s major economical bases. By engaging with trade to India the American government is able to lower the challenge offered by Chinese power house quite effectively.
History
America trade to china has been increasing with time; in 2007 it exported about good worth $17.24 while importing goods worth $24.02 from India. Among the things that are used in the trade to India are aircraft, fertilizers, scrap metal medical equipment and computer hardware.
Features
Since the year 2006 trade to India has increased by not less than 20.09 percent while that of India to US has gone up by about $2.95 dollars. The percentages of items used in the trade to India by 2006 are as follows:
- Organic chemicals-4.98 percent
- Optical instruments and equipments-7.33 percent
- Metals and precious stones-.8.0 percent
- Aircraft and aviation items -16.8 percent
- Engineering and machinery goods-31.2 percent
In an effort to increase the ability of the Indian people trade to the US New Delhi has been seeking to have less limitation of Indian companies and organizations from the US export control list. Previous America governments have sought to strengthen the trade relationship between the tow countries. When the Obama administration was voted in the relationships somewhat cooled down as he sought to thaw relationship with China, however with the visit to India by the Obama recently the relationship seemed to have been successful restored to its rightful place.
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By the year 2010 the good that US had exported to India as part of their trade agreements rose to $19.2 billions from $16.9 billion in 2009,overall the items used in trade to India can account for about 1.5 percent of exports in 2010.
Precious stones topped the list of items involved in trade to India-these include diamonds and gold $4.2 billion.
- Machinery -$2.7 billion
- Machnery(mainly electrical)$1.4 billion
- Aircraft-$1.3 billion
- Fertilizers 1.1 billion
Agricultural products to India have also increased in recent years as the America government sought to increase trade to India. This included:
- Tree nuts-$244 billion
- Soya beans oil-755 billion
- Pulses-$96 billion
- Cotton-$69 billion
The successful American governments are constantly aware that unless they seek trade to India, their hold on the general Asian continent will be greatly lost. Messing with trade to India would prove disastrous to America as they would have to face off with China without support from India. The trade relations between the two countries are highly likely to continue enjoying a central place because the both nations have some common interest. Among this are their joint efforts to dilute the Chinese influence on the world platform as it poses a threat to the two countries.
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