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Saudi Arabia Emerges as India’s 5th-Largest Trading Partner

Saudi Arabia ranks as India’s fifth-largest trading partner, while India holds the position of Saudi Arabia’s second-largest trading partner. In the financial year 2023-24, India’s imports from Saudi Arabia amounted to USD 31.42 billion, and exports stood at USD 11.56 billion.

Ali Mohammad Ali, a prominent diaspora member and a representative of the Jeddah Chamber of Commerce, shares insights on the trade and commercial opportunities between India and Saudi Arabia.

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