- Russia has moved up from 25th place at the end of FY22 to fifth place during the period of April to September, driven by an increase in imports of oil and fertilizer, according to data cited by ToI.
- The top two spots have remained with the US and China.
- Over $20 billion in trade deficit with Moscow is estimated for the first half of FY23.
Russia moves up from 25th to 5th place as India’s top trading partner: Report
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