In July, Russia reduced its imports of goods to India by 9%, falling to third place among this country’s main suppliers of goods. about this writes According to RIA Novosti, Indian Ministry of Commerce data.
At the end of July, the volume of supplies of Russian products to the Indian market reached $5.4 billion, up from $6 billion in the previous month. Despite this, imports increased on an annual basis. The increase was 23 percent.
China maintained its leadership in supplies to India with a volume of $10.3 billion in July. UAE rose to second place. Emirates increased its imports by 6% to 5.7 billion dollars.
In just seven months, supplies from Russia to India increased by 13% compared to the same period in 2023, reaching 40 billion dollars. The Russian Federation remains the second main importer after China.
Russia in September accepted Unlimited lentil supply right to India.
Previously India’s exports to Russia hit historical record.
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Source: Gazeta
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