| Summary/Abstract |
India and Saudi Arabia enjoy cordial and friendly relations reflecting the centuries-old economic and socio-cultural ties. Saudi Arabia is India’s fourth-largest trading partner. More than 18% of India’s crude oil imports are sourced from Saudi Arabia. During FY22 (April-December), bilateral trade was valued at $29.28 billion. During this period, India’s imports from Saudi Arabia were valued at $22.65 billion and exports to Saudi Arabia were worth $6.63 billion. The approximately 2.2 million–strong Indian community is the largest expatriate community in the Kingdom. India and the Kingdom of Saudi Arabia have shared a rich colourful history spanning all the way back to 1947, the year of India’s independence till time. The top leadership of both countries remained in close touch even during the COVID-19 pandemic.
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