India and Russia have had a very good relationship both politically and economically .
The import export data shows that both the countries have been exporting and importing goods from each other since very long .
Both countries are very big economies and play a very important role in the international trade market .
Russia is a country that is famous for making and exporting goods that are related to natural sources or products that have something to do with the technology and no doubt they are of top quality .
India is also one of the major importers of Russia. They import many army related goods from Russia and they share a good alliance .
If you are to know about what products India exports to Russia or want to know about the market that we have in Russia then you have come to the right place . In this post we will look at some of the products that India exports to Russia .
What does India export to Russia
According to the United Nations and the information that was given by import export data provider Russia imported goods from India that had a value of around $4.43 billion in 2022 which was last year .
The main products that Russia imported from India were mostly electrical and electronic equipment, pharmaceutical, machinery, nuclear reactors and boilers as shown in the import export data .
Let us look at detailed information of what goods were sent to Russia by India.
- Pharmaceutical Products:
India has been working hard in this industry and has also become the most important in the pharmaceutical industry . Indian pharma companies make products that are made with high quality raw material and by some people who can also be called experts of this industry .
India exports pharma goods like medicines or healthcare products to Russia as they are in high demand due to the quality .
- Machinery, Nuclear Reactors, and Boilers:
India has expertise in making machinery and nuclear reactors as well and they have a great demand in Russia as well .
The data provided by the import export data provider shows that India has been exporting such goods for a very long time now .
By exporting these items India is also helping Russia in strengthening Russia’s industrial and energy sectors.
This also makes the relationship between Russia and India even stronger as an alliance .
- Electrical and Electronic Equipment:
India's expertise in electrical and electronic equipment manufacturing has gained a lot of attention globally.
Russia imports a lot of electrical and electronic equipment from India that are available for different uses like consumer electronics to industrial machinery.
This trade supports Russia's growing demand for advanced technology and adds to its development.
- Organic Chemicals:
India's chemical industry has witnessed significant growth and it exports a wide range of organic chemicals to Russia.
These chemicals find applications in various sectors, including pharmaceuticals, agriculture, and manufacturing.
The export of organic chemicals strengthens the bilateral trade ties and promotes collaboration in research and development.
- Iron and Steel:
The iron and steel Industry in India is one of the biggest in the world and have iron ore mines through which government extracts iron and then make some goods out of it and export the rest
Russia imports iron and steel products from India which are used in construction, manufacturing, and infrastructure projects.
This trade contributes to Russia's economic growth and development.
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