New Delhi [India], April 6 (ANI): India's imports from Russia rose to USD 8.69 billion in the first 11 months of 2021-22, which is 58 per cent higher than the total imports of USD 5.48 billion recorded in the full financial year 2020-21, the government data showed on Wednesday.
India's exports to Russia rose to USD 3.18 billion in April - February period of 2021-22 from USD 2.65 billion recorded in the full year 2020-21, Union Minister of State for Commerce and Industry Anupriya Patel said in a written reply in the Lok Sabha.
India-Russia's total trade in the first 11 months of the financial year ended March 31, 2022, rose to USD 11.86 billion from USD 8.14 billion recorded in the financial year 2020-21.
India's trade with Ukraine has also increased sharply. India's total trade with Ukraine rose to USD 3.09 billion in the first 11 months of 2021-22 from USD 2.59 billion in 2020-21.
"The effect of the war on exports/imports from Russia and Ukraine can be assessed only after the situation stabilises," the minister said. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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