India-Russia Trade
Jul 09, 2024
Current Affair 1:
Ca1. India-Russia Trade
News:
We can look trade of both countries:
If you check last five years:
MAJOR EXPORTED ITEMS FROM INDIA TO RUSSIA (latest figure)
- India exported 3,873 commodities to Russia in FY23.
- India’s export to Russia stood at US$ 3.14 billion in 2022-23.
- India’s export to Russia stood at US$ 2.7 billion from April-November 2023-24.
- Major exported items from India to Russia include iron and steel (US$ 229.04 million), pharmaceutical products (US$ 245.7 million), organic chemicals (US$ 226.73 million), marine products (US$ 151.26 million), coffee, tea, mate, and spices. (US$ 58.4 million), etc. during April-November 2023-24.
MAJOR IMPORTED ITEMS BY INDIA FROM RUSSIA (latest figure)
- India imported 983 commodities from Russia in FY23.
- Imports from Russia to India stood at US$ 46.21 billion in 2022-23.
- Imports from Russia to India stood at US$ 40.5 billion from April-November 2023-24.
- India’s imports from Russia include mineral fuels, mineral oils, and products of their distillation (US$ 36 billion), animal or vegetable fats and oils (US$ 863 million), fertilizers manufacturers (US$ 1.4 billion), pearl, precious and semi-precious stones (US$ 725 million), inorganic chemicals (US$ 75 million), etc. during April-November 2023-24.
If you see other Central Asian countries:
Also see map: