Business · Trade · 10 hrs ago
Russian farm exports to India rise 11% in nine months
Russia's agricultural exports to India rose 11% in the first nine months of the year, reaching 1.3 million tonnes.
Sunflower oil led the trade, accounting for $1.2 billion of the $1.45 billion total export value.
The shipment volume was the second highest on record, after 2.5 million tonnes in 2024.
India and Russia have set a $100 billion bilateral trade target by 2030.
Russian State Duma Chairman Vyacheslav Volodin said trade between the countries has grown by more than 20% so far this year and called for fewer trade barriers and more joint ventures.
Both countries are seeking to expand trade, with Moscow also buying Indian chemicals, electrical goods, medical equipment, seafood, tea and spices.
Russia’s agricultural exports to India rose 11% in volume in the first nine months of the year, reaching 1.3 million tons.
Sunflower oil accounted for $1.2 billion of the $1.45 billion total export value.
The January-to-September volume was the second highest on record, after 2.5 million tons in 2024.
India and Russia have set a bilateral trade target of $100 billion by 2030.
Russian State Duma Chairman Vyacheslav Volodin said bilateral trade had grown by more than 20% so far this year.
- Who
- Russia and India.
- What
- Russia’s agricultural exports to India rose 11% in volume, to 1.3 million tons. Sunflower oil made up $1.2 billion of the $1.45 billion total value.
- When
- January to September of the year covered by the report.
- Where
- Trade between Russia and India.
- Why
- The increase was buoyed by sunflower oil shipments.
This story does not have two clearly opposing sides.
Russia recorded 2.5 million tons of agricultural exports to India, the previous high cited by Agroexport.
Russia shipped 1.3 million tons of agricultural goods to India, worth $1.45 billion.
- Export volume
- 1.3 million tons
- Volume increase
- 11%
- Export value
- $1.45 billion
- Sunflower oil value
- $1.2 billion
- Bilateral trade target
- $100 billion by 2030