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♤ Saudi Arabia today is India’s 4th largest trade partner (after China, USA and UAE) and
♤ The value of India Saudi Arabia bilateral trade during 2016-17 decreased to USD 25.079 billion, a slight decrease from USD 26.71 billion in 2015-16, as per figures provided by the Directorate General of Foreign Trade.
♤ During this period, our imports from Saudi Arabia reached USD 19.94 billion, registering a decline of 1.85% over previous year (USD 20.32 billion) whereas our exports to Saudi Arabia reached USD 5.13 billion registering a decline of 19.70% over previous year (USD
6.39 billion). The current bilateral trade (April-May 2017) is valued USD 4.063 billion.