UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 9
September-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2209535


Registration ID:
503057

Page Number

f114-f121

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Title

An Analysis of India’s Trade relation with Saudi Arabia

Abstract

Two regional powers, India and Saudi Arabia have cultivated their relationship in the past through commerce and trade and human resource and cultural exchange. As time went on, the two nation’s interactions became more complex and diversified, focusing on things like energy, migration, commerce and investment, security, defence, counterterrorism, and capacity building. In recent years, bilateral trade between these two nations has grown immensely. Saudi Arabia is the 4th biggest trading partner of India in the year 2021. The importance of their relation is visible day by day. For a rapid development of both the economies, attempts must be made to strengthen their trade ties. Therefore, the present paper attempts to analyses the major trends of bilateral trade between these two countries during the period from 2010 to 2020. The paper also analyses trade intensity and trade complementarity index to identify the features and challenges of trade between India and Saudi Arabia. The paper uses time series data to evaluate Trade Intensity Index and Trade Complementarity Index. The result shows that the structure of exports of India and Saudi Arabia are significantly different. The findings of the study also reveal that India's trade with Saudi Arabia is more intense in comparison with its other trading partners in the world.

Key Words

Trade Intensity, Trade Complementarity, India Saudi Arabia Trade, Bilateral trade.

Cite This Article

"An Analysis of India’s Trade relation with Saudi Arabia ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 9, page no.f114-f121, September-2022, Available :http://www.jetir.org/papers/JETIR2209535.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"An Analysis of India’s Trade relation with Saudi Arabia ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 9, page no. ppf114-f121, September-2022, Available at : http://www.jetir.org/papers/JETIR2209535.pdf

Publication Details

Published Paper ID: JETIR2209535
Registration ID: 503057
Published In: Volume 9 | Issue 9 | Year September-2022
DOI (Digital Object Identifier):
Page No: f114-f121
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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