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At $4.3 bn, imports from Russia jump nearly 7 times in June: Govt data

Oil makes up 71% of total imports from the country

indian economy, exports, imports, trade deficit
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During the April-June quarter, India’s imports from Russia were valued at $9.27 billion, up 369 per cent on year

Shreya Nandi New Delhi
India imported goods worth $4.23 billion in June from sanctions-hit Russia, up 6.8 times as compared to last year, as demand for shipments of crude oil grew at the fastest pace during the month.

Crude oil worth $3.02 billion was imported in June, which translates into a share of 71 per cent of the total imports from Russia, commerce and industry ministry data showed.

Similarly, during the April-June quarter, India’s imports from Russia were valued at $9.27 billion, up 369 per cent on year. Crude oil comprised almost two-thirds of imports from the nation. Other major imported items from the