Russia’s farm exports to India rise 11% in nine months, led by sunflower oil

Russia’s farm exports to India rise 11% in nine months, led by sunflower oil

The Agroexport said that shipments had reached 1.3 million tons between January and September, an 11% surge in volumes

Sunflower oil exports formed the major chunk of exports, accounting for $1.2 billion of the total $1.45 billion of exports.

Agroexport said the January-September shipment numbers were the second highest recorded after the previous 2.5 million tons clocked in 2024, amounting to trade worth $1.7 billion.

India and Russia have set a target of $100 billion in bilateral trade by 2030.

Bilateral trade has grown by more than 20% so far this year, Russian State Duma Chairman Vyacheslav Volodin said on Sunday. Volodin is also seeking the removal of trade barriers and expansion of joint ventures to aid this growth.

Moscow has boosted purchases of chemicals, electrical goods, medical equipment, seafood, tea, and spices from India.