relation ship between India and usa
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Economic Relations
The United States seeks an expanded trade relationship with India that is reciprocal and fair. In 2019, overall U.S.-India bilateral trade in goods and services reached $149 billion. U.S. energy exports are an important area of growth in the trade relationship. In 2018 India purchased 48.2 million barrels of U.S. crude oil, a significant increase from 9.6 million in 2017. Last year, Indian students enrolled at U.S. colleges and universities contributed over $8 billion to the U.S. economy. The total number of Indian students in the United States has more than doubled over the last decade, from 81,000 in 2008 to a record high of 202,000 in 2019.
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