New Delhi, Oct. 6 -- According to the Global Trade Research Initiative (GTRI), joint ventures (JVs) in energy infrastructure, technology collaboration, and cross-border investments could help reduce India's trade deficit with Qatar.

India's bilateral trade with Qatar reached USD 14.15 billion in 2024-25, heavily skewed toward energy imports, with petroleum crude and gas products accounting for nearly 90 percent of total imports.

Exports to Qatar stood at USD 1.68 billion, while imports surged to USD 12.46 billion, resulting in a substantial trade deficit of USD 10.78 billion.

"The figures underscore the energy-centric nature of India's commerce with the Gulf nation, with hydrocarbons making up the bulk of inbound shipments," said GTRI ...