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Trade between India and Kuwait

In 2024, India exported $2.4 billion to Kuwait and imported $8.4 billion. India ran a deficit of $5.9 billion with Kuwait, compared with a deficit of $7.8 billion in 2019. Kuwait was India’s 29th largest trading partner (0.9% of its trade), and India was Kuwait’s 2nd (10%).

Summary

India → Kuwait
$2.4billion
Kuwait → India
$8.4billion
India’s balance
-$5.9billion

Balance

India’s trade balance with Kuwait

Trade between India and Kuwait grew 11.4-fold since 1995

USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 2.4
  • Imports 8.4
  • Balance -5.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$134 million$810 million-$676 million
1996$154 million$948 million-$794 million
1997$177 million$880 million-$703 million
1998$163 million$1.5 billion-$1.3 billion
1999$154 million$1.9 billion-$1.8 billion
2000$247 million$687 million-$440 million
2001$275 million$96 million$179 million
2002$338 million$125 million$213 million
2003$383 million$231 million$153 million
2004$519 million$281 million$237 million
2005$502 million$416 million$86 million
2006$783 million$4.7 billion-$3.9 billion
2007$953 million$7.4 billion-$6.5 billion
2008$1.2 billion$12.2 billion-$11 billion
2009$750 million$7.7 billion-$6.9 billion
2010$1.4 billion$9.2 billion-$7.7 billion
2011$1.3 billion$14.8 billion-$13.5 billion
2012$1 billion$17.8 billion-$16.7 billion
2013$1.2 billion$17.8 billion-$16.6 billion
2014$1.3 billion$15.1 billion-$13.7 billion
2015$1.4 billion$6 billion-$4.6 billion
2016$1.7 billion$4.2 billion-$2.6 billion
2017$1.7 billion$6.3 billion-$4.6 billion
2018$1.8 billion$8.3 billion-$6.5 billion
2019$1.8 billion$9.6 billion-$7.8 billion
2020$1.3 billion$6.3 billion-$5 billion
2021$1.6 billion$10 billion-$8.3 billion
2022$1.9 billion$13.5 billion-$11.6 billion
2023$2.2 billion$9.5 billion-$7.3 billion
2024$2.4 billion$8.4 billion-$5.9 billion

What they sell each other

What India sells to Kuwait

The top 10 headings in 2024, with their share of the total.

  1. Airplanes and helicopters$525 million · 21.5%
    390 tonnes · India’s destinations
  2. Rice$275 million · 11.3%
    209 thousand tonnes · India’s destinations
  3. Jewelry$143 million · 5.9%
    1 tonne · India’s destinations
  4. Cars$99 million · 4.1%
    9 thousand tonnes · India’s destinations
  5. Cyclic hydrocarbons$95 million · 3.9%
    94 thousand tonnes
  6. Ceramic tiles$94 million · 3.8%
    137 thousand tonnes
  7. 76 tonnes
  8. Coffee$32 million · 1.3%
    7 thousand tonnes
  9. Women's suits and dresses$32 million · 1.3%
    526 tonnes
  10. 5 thousand tonnes

What Kuwait sells to India

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$3.1 billion · 36.9%
    5.3 million tonnes · Kuwait’s destinations
  2. Natural gas and LPG$2.3 billion · 27.9%
    3.6 million tonnes
  3. Cyclic hydrocarbons$732 million · 8.7%
    640 thousand tonnes
  4. Airplanes and helicopters$610 million · 7.3%
    872 tonnes · India’s sources
  5. Hydrocarbon derivatives$420 million · 5%
    360 thousand tonnes
  6. Alcohols$390 million · 4.7%
    737 thousand tonnes
  7. Refined petroleum$203 million · 2.4%
    293 thousand tonnes · Kuwait’s destinations
  8. 345 thousand tonnes
  9. Ferrous scrap$81 million · 0.97%
    173 thousand tonnes · India’s sources
  10. Polyethylene$78 million · 0.94%
    83 thousand tonnes · India’s sources

How it travels

Estimated sea route from Nhava Sheva (Mumbai) to Shuaiba.

The estimated sea route between Nhava Sheva (Mumbai) and Shuaiba is 1,610 nautical miles (2,981 km) long: ≈ 3.5–5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Hormuz.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$9.4 billion · 87%
  2. Air$1.4 billion · 13%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Kuwait was India’s 29th largest trading partner (0.9% of its trade), and India was Kuwait’s 2nd (10%).

Kuwait in India’s trade
0.9%
Kuwait’s rank among India’s partners
29th
India in Kuwait’s trade
10.2%
India’s rank among Kuwait’s partners
2nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.