With a vigilant eye on West Asia's evolving situation, India emphasizes its support for exporters amidst rising challenges. An Inter-Ministerial Group is actively monitoring the trade and energy implications resulting from the ongoing crisis. While exports to the UAE have thrived, Saudi Arabia has witnessed a drop. Notably, Indian exporters are turning to Omani ports as strategic hubs for regional trade activities.

India's exports to West Asia grew 7.29 percent to USD 5 billion in June. Shipments to the UAE increased while those to Saudi Arabia saw a decline. Imports from the UAE and Oman…

India closely monitors escalating tensions in West Asia, assessing potential impacts on trade, energy supplies, and shipping routes.

While India’s exports have remained resilient, stronger import growth has widened the merchandise trade deficit