One of the major factors that have considerably undermined the attempts towards economic development of many
underdeveloped countries is the instability in their export earnings resulting from price, value and volume fluctuations. Over
several decades there have been debates on the export import performance and export import instability. USA has always been
the significant trading partner of India. This paper aims to find out the growth rate and instability of Indian exports to USA and
also desires to find out the relationship between growth rate and export instability. Eleven commodities were identified to
calculate the growth rate and instability index. Compound growth rate is used to calculate growth rate. To estimate the export
instability, Coefficient of variation (CV) and Cuddy Della Valle Instability index (CDVI) were used to estimate the variation in
the export of and to measure the instability, This study has covered the time period of twenty years i.e., from 2000-01 to 2019-20