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Trade between India and Saudi Arabia

In 2024, India exported $14 billion to Saudi Arabia and imported $30.8 billion. India ran a deficit of $16.9 billion with Saudi Arabia, compared with a deficit of $20.6 billion in 2019. Saudi Arabia was India’s 5th largest trading partner (4% of its trade), and India was Saudi Arabia’s 2nd (8%).

Summary

India → Saudi Arabia
$14billion
Saudi Arabia → India
$30.8billion
India’s balance
-$16.9billion

Balance

India’s trade balance with Saudi Arabia

Trade between India and Saudi Arabia grew 21.8-fold since 1995

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

  • Exports 14
  • Imports 30.8
  • Balance -16.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$599 million$1.5 billion-$862 million
1996$674 million$1.9 billion-$1.3 billion
1997$676 million$1.7 billion-$1 billion
1998$924 million$1.9 billion-$969 million
1999$850 million$3 billion-$2.2 billion
2000$961 million$1.6 billion-$681 million
2001$920 million$622 million$297 million
2002$1.1 billion$551 million$505 million
2003$1.3 billion$761 million$553 million
2004$1.6 billion$1.3 billion$325 million
2005$2.1 billion$1.6 billion$416 million
2006$2.8 billion$11 billion-$8.2 billion
2007$3.4 billion$16.9 billion-$13.5 billion
2008$5.4 billion$23.2 billion-$17.9 billion
2009$4.5 billion$14.7 billion-$10.2 billion
2010$4.7 billion$20.7 billion-$16 billion
2011$5.1 billion$28.8 billion-$23.7 billion
2012$6.7 billion$33.5 billion-$26.8 billion
2013$8.4 billion$37.2 billion-$28.8 billion
2014$9.6 billion$33.3 billion-$23.7 billion
2015$8 billion$21.7 billion-$13.7 billion
2016$6.1 billion$18.9 billion-$12.7 billion
2017$6 billion$21.2 billion-$15.2 billion
2018$5.8 billion$28.8 billion-$23 billion
2019$7 billion$27.5 billion-$20.6 billion
2020$6.8 billion$18.1 billion-$11.3 billion
2021$9.2 billion$27.8 billion-$18.6 billion
2022$10.7 billion$46.3 billion-$35.5 billion
2023$11.5 billion$34.8 billion-$23.3 billion
2024$14 billion$30.8 billion-$16.9 billion

What they sell each other

What India sells to Saudi Arabia

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

  1. Airplanes and helicopters$1.5 billion · 11%
    1 thousand tonnes · India’s destinations
  2. Cars$1.5 billion · 10.8%
    127 thousand tonnes · India’s destinations
  3. Rice$1.5 billion · 10.6%
    1.4 million tonnes · India’s destinations
  4. Cyclic hydrocarbons$582 million · 4.2%
    602 thousand tonnes
  5. Copper wire$529 million · 3.8%
    57 thousand tonnes
  6. 631 tonnes
  7. Jewelry$371 million · 2.7%
    28 tonnes · India’s destinations
  8. Refined petroleum$342 million · 2.5%
    395 thousand tonnes · India’s destinations
  9. Large-diameter steel pipes$273 million · 2%
    204 thousand tonnes
  10. Frozen beef$266 million · 1.9%
    78 thousand tonnes

What Saudi Arabia sells to India

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

  1. Crude petroleum$19.6 billion · 63.6%
    31.7 million tonnes · Saudi Arabia’s destinations
  2. Natural gas and LPG$2.4 billion · 7.8%
    3.7 million tonnes
  3. Airplanes and helicopters$1.5 billion · 4.8%
    2 thousand tonnes · Saudi Arabia’s destinations
  4. Mixed fertilizers$1.2 billion · 3.9%
    2.2 million tonnes
  5. Polyethylene$761 million · 2.5%
    701 thousand tonnes · Saudi Arabia’s destinations
  6. Cyclic hydrocarbons$514 million · 1.7%
    468 thousand tonnes
  7. Gold$502 million · 1.6%
    9 tonnes · Saudi Arabia’s destinations
  8. Alcohols$470 million · 1.5%
    1.1 million tonnes
  9. Copper scrap$387 million · 1.3%
    48 thousand tonnes
  10. Aluminum scrap$379 million · 1.2%
    162 thousand tonnes

How it travels

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

The estimated sea route between Nhava Sheva (Mumbai) and Jeddah is 2,453 nautical miles (4,543 km) long: ≈ 5.5–7.5 days at sea (at 18 and 14 knots).

Passages it crosses: Bab-el-Mandeb Strait.

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$40 billion · 89.3%
  2. Air$4.8 billion · 10.7%

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

How much each matters to the other

Saudi Arabia was India’s 5th largest trading partner (4% of its trade), and India was Saudi Arabia’s 2nd (8%).

Saudi Arabia in India’s trade
3.9%
Saudi Arabia’s rank among India’s partners
5th
India in Saudi Arabia’s trade
8.4%
India’s rank among Saudi Arabia’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.