India / Kuwait

Overview In August 2024, India exported $110M and imported $522M from Kuwait, resulting in a negative trade balance of $412M. Between August 2023 and August 2024 the exports of India have decreased by $-35.6M (-24.4%) from $146M to $110M, while imports decreased by $-135M (-20.5%) from $657M to $522M.

Trade In August 2024, the top exports of India to Kuwait were Rice -Basmoti ($11.3M), Ceramics And Allied Products ($8.69M), Motor Vehicle/Cars ($8.25M), Electronics Components ($5.06M), and Iron And Steel ($4.55M). In August 2024 the top imports of India from Kuwait were Petroleum: Crude ($370M), Petroleum Products ($288M), Organic Chemicals ($46.5M), Plastic Raw Materials ($11.3M), and Iron And Steel ($8.61M).

Growth In August 2024, the decrease in India's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Copper And Prdcts Made Of Copr ($-2.14M or -60.1%), Iron And Steel ($-2M or -30.5%), and Paper, Paper Board And Product ($-1.97M or -60.8%). In August 2024, the decrease in India's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Organic Chemicals ($-9.25M or -16.6%), Other Commodities ($-4.57M or -72.5%), and Aluminium, Products Of Aluminm ($-1.84M or -29.4%).