The U.S.-India partnership is founded on a shared commitment to freedom, democratic principles, equal treatment of all citizens, human rights, and the rule of law. The United States and India have shared interests in promoting global security, stability, and economic prosperity through trade, investment, and connectivity. The U.S. supports India’s emergence as a leading global power and a key partner in our efforts to ensure that the Indo-Pacific is a region of peace, stability, and growing prosperity. The strong people-to-people ties between our countries, reflected in a four million-strong Indian American diaspora, are a tremendous source of strength for our partnership.
Bilateral 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.