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The effect of the war on exports/imports from Russia and Ukraine can be assessed only after the situation stabilizes. The value of exports and imports from Russia and Ukraine are as given below:
Value in USD Million
| Russia | Ukraine | ||||
Year | Export | Import | Total Trade | Export | Import | Total Trade |
2020-21 | 2,655.52 | 5,485.75 | 8,141.27 | 450.97 | 2,139.86 | 2,590.83 |
Apr-Feb 2021-22 | 3,180.36 | 8,688.96 | 11,869.32 | 466.76 | 2,624.48 | 3,091.24 |
This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Lok Sabha today.
Effect of war on trade: provisional assessment pending; ministerially reported bilateral trade values supplied as baseline. The effect of the war on exports and imports with Russia and Ukraine cannot be assessed until the situation stabilizes; the note supplies ministerially reported bilateral trade values for 2020-21 and April-February 2021-22 as a baseline for future impact analysis, provided in a written parliamentary reply and published as a press release.Press 'Enter' after typing page number.