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Bilateral Trade between India and GCC grew from US$ 87.35 billion in FY 2020-21 to US$ 154.66 billion in FY 2021-22

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..... Bilateral Trade between India and GCC grew from US$ 87.35 billion in FY 2020-21 to US$ 154.66 billion in FY 2021-22 - News and Press Release Dated:- 27-7-2022 - News - Bilateral Trade between India and the Gulf Cooperation Council grew from US$ 87.35 billion in FY 2020-21 to US$ 154.66 billion in FY 2021-22, registering an increase of 77.06% on a year-on-year basis. Since FY 2017-18, on a compou .....

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..... nded annual growth rate basis, bilateral trade between India and the GCC has grown by 10.57%. Details of India s exports to the GCC during the last five financial years is as follows: India's Exports to GCC Values in USD Billion S.No. Country 2017-2018 2018-2019 .....

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..... 2019-2020 2020-2021 2021-2022 1 BAHRAIN 0.56 0.74 0.56 0.53 0.90 2 KUWAIT 1.37 1.33 1.29 1.05 1.24 3 .....

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..... OMAN 2.44 2.25 2.26 2.36 3.15 4 QATAR 1.47 1.61 1.27 1.28 1.84 5 SAUDI ARABIA 5.41 5.56 6.24 5.86 .....

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..... 8.76 6 UAE 28.15 30.13 28.85 16.68 28.04 GCC Total 39.39 41.62 40.47 27.76 43.93 Source: DGCIS This information was given by the Mi .....

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..... nister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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