Trade between Russia and India totaled US$9.4bn in 2017 ó a 21% increase on the previous year.
Russia’s exports to India (69%) exceeded more than twice its imports from India (31%).
Russiaís key exports which amounted to $6.5bn in 2017 — a 22% increase on 2016 ó were mineral fuels, oil and oil products, jointly accounting for 23% of the exports and totaling US$1.5bn (more than three times in value terms than in 2016).
Indiaís exports to Russia rose in 2017 by 21% from the previous year to a total US$2.9bn, with pharmaceuticals as the key export whose 19% share was worth US$560m ó a 23% in increase on 2016.
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Russiaís trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...
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