In Fy2022-23, India's Exports To Kuwait Increased By 25.6%

India's exports to Kuwait surged by 25.6% in the financial year 2022-23, according to the Federation of Indian Export Organisations (FIEO). Indian export to Kuwait reach a whopping USD 1.56 billion, up from USD 1.24 billion in FY 2021-22. This impressive growth is a testament to the robust and flourishing trade partnership between India and Kuwait, FIEO tweeted on its official X (formerly known as Twitter) handler.

Last month, the Indian ambassador to Kuwait announced that bilateral trade between India and Kuwait reached an all-time high of USD 12.5 billion.

Kuwait imports a wide range of goods from India, including rice, sugar, spices, textiles, pharmaceuticals, and engineering goods, while Kuwait provides India with crude oil.

 

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