https://sputniknews.in/20240825/exports-from-india-to-russia-reach-historic-high-in-june-8060871.html
Exports from India to Russia Reach Historic High in June
Exports from India to Russia Reach Historic High in June
Sputnik India
Indian exports to Russia in June rose nearly one-and-a-half times year-on-year to a record $475 million, according to data from the Indian Ministry of Commerce and Industry calculated by Sputnik.
2024-08-25T15:45+0530
2024-08-25T15:45+0530
2024-08-25T15:45+0530
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In early summer, Indian companies exported $475 million worth of goods to Russia, up from $328 million a year earlier. This represents a new high for shipments from this country. The previous high was seen in March this year, reaching $441 million.Additionally, Russian business sales in India also grew by 18% this year to $6 billion, while the monthly figure was higher only twice in May 2023 and May 2024. As a result, mutual trade between the two countries grew by 20% to $6.4 billion. This was the second-highest high in modern history after the record of $7.5 billion in late spring.Also, supplies from Russia to India in the first half of this year rose by 13% to $35.8 billion. Only China supplied more, with goods worth $50.4 billion exported to India. Indian exports of goods have risen by a quarter since the beginning of the year to $2.5 billion.Trade between Russia and India grew 14% to $38.3 billion in January-June, or 58% of last year's trade.
https://sputniknews.in/20240625/india-led-russia-seaborne-exports-of-fuel-oil-and-vgo-in-may-7701828.html
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Exports from India to Russia Reach Historic High in June
Indian exports to Russia in June rose nearly one-and-a-half times year-on-year to a record $475 million, according to data from the Indian Ministry of Commerce and Industry calculated by Sputnik.
In early summer, Indian companies exported $475 million worth of goods to Russia, up from $328 million a year earlier. This represents a new high for shipments from this country. The previous high was seen in March this year, reaching $441 million.
Additionally,
Russian business sales in India also grew by 18% this year to $6 billion, while the monthly figure was higher only twice in May 2023 and May 2024. As a result,
mutual trade between the two countries grew by 20% to $6.4 billion. This was the second-highest high in modern history after the record of $7.5 billion in late spring.
Also,
supplies from Russia to India in the first half of this year rose by 13% to $35.8 billion. Only China supplied more, with goods worth $50.4 billion exported to India. Indian exports of goods have risen by a quarter since the beginning of the year to $2.5 billion.
Russia remains at 29th place among the countries importing products from India. The top five major importers of Indian goods are the US ($41.6 billion), the United Arab Emirates ($19.7 billion), the Netherlands ($14 billion), Singapore ($9 billion) and China ($8.5 billion).
Trade between Russia and India grew 14% to $38.3 billion in January-June, or 58% of last year's trade.
