Overview In January 2022, Russia exported $591M and imported $365M from India, resulting in a positive trade balance of $226M. Between January 2021 and January 2022 the exports of Russia have increased by $246M (71.5%) from $344M to $591M, while imports increased by $107M (41.7%) from $258M to $365M.
Trade In January 2022, the top exports of Russia to India were Diamonds ($83.9M), Crude Petroleum ($49.2M), Refined Petroleum ($34.3M), Coal Briquettes ($31.3M), and Synthetic Rubber ($18.4M). In January 2022 the top imports of Russia from India were Packaged Medicaments ($36M), Telephones ($10.6M), Large Flat-Rolled Stainless Steel ($10.4M), Other Heating Machinery ($9.69M), and Motor vehicles; parts and accessories (8701... ($8.81M).
Origins In January 2022 the exports of Russia were mainly from ASTRAKHAN REGION ($116M), REPUBLIC OF SAKHA (YAKUTIA) ($84.3M), NIZHNY NOVGOROD REGION ($71.7M), VOLOGDA REGION ($59.5M), and MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($56.3M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($167M), MOSCOW REGION ($53.4M), ST. PETERSBURG ($43.5M), LENINGRAD REGION ($13.5M), and REPUBLIC OF TATARSTAN ($7.91M).
Growth In January 2022, the increase in Russia's year-by-year exports to India was explained primarily by an increase in product exports in Refined Petroleum ($19.7M or 135%), Broadcasting Accessories ($8.01M or 557%), and Other Electrical Machinery ($7.78M or 2.57k%). In January 2022, the increase in Russia's year-by-year imports from India was explained primarily by an increase in product imports in Other Heating Machinery ($9.14M or 1.65k%), Vaccines, blood, antisera, toxins and cultures ($8.01M or 9.18k%), and Large Flat-Rolled Stainless Steel ($4.53M or 76.7%).