In FY 2023-24, India's trade with Kuwait increased by 34.78% to USD 2.10 billion.

In FY 2023-24, India's trade with Kuwait surged by 34.78%, reaching USD 2.10 billion, up from USD 1.56 billion the previous year. Key export sectors included aircraft parts, cereals, and precious stones. Bilateral trade totaled USD 10.479 billion, with Kuwait being India's sixth-largest crude oil supplier, meeting about 3% of its energy needs. This growth highlights Kuwait's significance as a trading partner for India.

September 07, 2024
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