<h1>India-GCC Bilateral Trade Soars 77% to USD 154.66 Billion in FY 2021-22; Strong Growth in Bahrain, Oman, Qatar, Saudi Arabia.</h1> Bilateral trade between India and the Gulf Cooperation Council (GCC) increased significantly from USD 87.35 billion in FY 2020-21 to USD 154.66 billion in FY 2021-22, marking a 77.06% year-on-year growth. Since FY 2017-18, the trade has grown at a compounded annual growth rate of 10.57%. India's exports to GCC countries showed varied trends over the last five years, with notable increases in trade with Bahrain, Oman, Qatar, and Saudi Arabia, while trade with the UAE fluctuated, peaking at USD 30.13 billion in 2018-2019 and rising again to USD 28.04 billion in 2021-2022.