Published Paper Details:

The basic motive of the research paper is to study bilateral trade relation between India and USA using the Revealed Comparative Advantages Index and Trade Complementarity Index for the period 2011 to 2016. The study revealed that India enjoys comparative advantages in 9 items out of 20 major categorised items based on 2 digits HS Code in its trade composition whereas in case of USA only 8 items enjoys comparative advantages. Further, it has been seen that among 20 major items, one country having comparative advantages for some items but another country has comparative disadvantages for the same items, it signifies the good bilateral trade relation and trade dependence of both the countries. The Complementarity Index of both the countries indicates that export supply of India and USA partially matched with the import demand of USA and India respectively; Indices of India is being continuously decreased but for the USA it is being continuously increased during the research period 2011 to 2016. It implies that India may have better trade potential with USA by diversifying its trade structures to USA.