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Trade turnover between Russia and India in 2022 reaches $38.4 billion — Rosneft

Rosneft has been actively developing the integrated format for cooperation with Indian partners along the whole processing chain, from extraction to refining and oil product sales

MOSCOW, March 29. /TASS/. Russia for the first time entered the top five largest trading partners of India, in 2022 the trade turnover between the countries reached $38.4 billion, Rosneft said in a statement.

According to the latest statistics from the Ministry of Commerce and Industry of India, Russia for the first time in history has become one of the five largest trading partners of India - the volume of trade between the countries in 2022 reached $38.4 bln, the Russian company said.

"Thus, the goal set by the leaders of our countries to increase turnover to $30 billion by 2025 has been achieved in advance," said the head of Rosneft Igor Sechin as quoted by the press service.

Rosneft has been actively developing the integrated format for cooperation with Indian partners along the whole processing chain, from extraction to refining and oil product sales.

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