India-Russia trade rises 20%; imports hit $44.9 billion
In short
India-Russia trade rose 20% this year, according to the Russian State Duma chairman. India imported $44.9 billion of Russian goods, including $36 billion of crude oil, and exported $2.8 billion to Russia.
Russia also bought more chemicals, electrical goods, medical equipment, seafood, tea and spices. The reporting does not say what caused the jump or whether it will continue.
What the reporting says
India-Russia trade rose 20% this year, according to the Russian State Duma chairman. India imported $44.9 billion of Russian goods, including $36 billion of crude oil, while Indian exports to Russia totaled $2.8 billion. The reporting also said Moscow bought more chemicals, electrical goods, medical equipment, seafood, tea and spices, but it did not explain the broader policy or timing behind the increase.
Why it matters
India-Russia trade grew 20% this year, with India importing $44.9 billion of Russian goods and exporting $2.8 billion, according to the reported summary. Crude oil made up $36 billion of the imports, while Moscow increased purchases of several other Indian goods. The figures point to a larger trade relationship, especially in energy, but the source does not state the policy reason, timeframe details, or whether the trend will last.