Most of the country buys oil and oil products from Russia. In addition, Russian imports of fertilizers multiplied by 1.4 (up to 1,300 million dollars) and those of diamonds, 35% (up to 616 million dollars).
Indian product shipments to Russia increased 1.7-fold to $1.9 billion. Basically, Russia buys drugs from India; these purchases grew by 4.5%, up to 184 million dollars. In addition, the offer of crustaceans multiplied by 2.4 and that of tobacco, by 3.
Overall, the trade turnover between Russia and India in the first half of the year increased 2.9-fold to $33.5 billion. India’s trade deficit with Russia in the first half of the year increased 3.3 times compared to the same period last year to $29.6 billion.
Meanwhile, the United States remains India’s biggest trading partner, but trade with them fell 11% to $59.4 billion.