According to the most recent statistics from the U.S Department of Commerce, bilateral trade with India came close to $40 billion in Q2 2019. Exports from the United States rose an amazing 11.5 percent while imports from India grew at 6.3 percent; this means that the balance of trade also shifted in America’s favor. And no longer is India providing primarily silks, spices and jewelry. The trade in both directions includes mineral fuels, high-tech goods, machinery, industrial goods and high tech services.
Here is a graph from the US-India Strategic Partnership Forum that illustrates the growth
