India’s bilateral trade turnover with Ukraine was US$ 2.52 billion in 2019-20

IndiaIndia Bharat Varsha (Jambu Dvipa) is the name of this land mass. The people of this land are Sanatan Dharmin and they always defeated invaders. Indra (10000 yrs) was the oldest deified King of this land. Manu's jurisprudence enlitened this land. Vedas have been the civilizational literature of this land. Guiding principles of this land are : सत्यं वद । धर्मं चर । स्वाध्यायान्मा प्रमदः । Read more’s bilateral trade turnover was US$ 2.52 billion in 2019-20 (India’s exports were USD 463.81 million and imports were USD 2060.79 million). In 2019-20, Indian exports increased by 18.68% compared to 2018-19.

Major exports from India are Pharmaceutical products, reactors/Boiler machinery, mechanical appliances, oil seeds, fruits, coffee, tea, spices, iron and steel etc. From Ukraine, the major exportExport How to export: Canada-India-USA to India is sunflower oil, followed by inorganic chemicals, iron and steel, plastics, chemicals, etc. India is Ukraine’s largest export destination in the AsiaAsia Central Asia Kazakhstan Kyrgyzstan Tajikistan Turkmenistan Uzbekistan Eastern Asia China China–Hong Kong China–Macao China–Taiwan Japan Mongolia North Korea South Korea Southern Asia Afghanistan Bangladesh Bhutan British Indian Ocean Territory India Iran Maldives Nepal Pakistan Sri Lanka South-Eastern Asia Brunei Cambodia East Timor Indonesia Laos Malaysia Myanmar Philippines Singapore Thailand Vietnam Western Asia Armenia Azerbaijan Bahrain Cyprus Georgia Iraq Israel Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Turkey United Arab Emirates Yemen PacificPacific Australia and New Zealand Australia Christmas Island Cocos (Keeling) Islands New Zealand Norfolk Island Melanesia Fiji New Caledonia Papua New Guinea Solomon Islands Vanuatu Micronesia Guam Kiribati Marshall Islands Micronesia Nauru Northern Mariana Islands Palau Polynesia American Samoa Cook Islands French Polynesia Niue Pitcairn Samoa Tokelau Tonga Tuvalu Wallis and Futuna and the fifth largest overall export destination.

Pharmaceuticals account for majority of Indian exports to Ukraine. India is the third largest exporter of pharmaceutical products to Ukraine, after Germany and France, in value terms. A number of Indian companies like Ranbaxy, Dr. Reddy’s Laboratories, Sun Group etc. have their representative offices in Ukraine. Representatives of major pharmaceutical companies have set up an Indian Pharmaceutical Manufacturers’ Association (IPMA) in Ukraine.

Bilateral trade figures for the last 5 years are as follows:

Values in US $ Millions

S.No.	Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020
1	EXPORT	259.11	310.16	330.10	390.80	463.81
2	Growth		19.70	6.43	18.39	18.68
3	India’s Total Export	262,291.09	275,852.43	303,526.16	330,078.09	313,361.04
4	%Growth		5.17	10.03	8.75	-5.06
5	%Share	0.10	0.11	0.11	0.12	0.15
6	IMPORT	1,751.10	2,481.47	2,355.97	2,341.03	2,060.79
7	%Growth		41.71	-5.06	-0.63	-11.97
8	India’s Total Import	381,007.76	384,357.03	465,580.99	514,078.42	474,709.28
9	%Growth		0.88	21.13	10.42	-7.66
10	%Share	0.46	0.65	0.71	0.46	0.43
11	TOTAL TRADE	2,010.21	2,791.63	2,686.07	2,731.82	2,524.60
12	%Growth		38.87	-3.78	1.70	-7.59
13	India’s Total Trade	643,298.84	660,209.46	769,107.15	844,156.51	788,070.32
14	%Growth		2.63	16.49	9.76	-6.64
15	%Share	0.31	0.42	0.35	0.32	0.32
16	TRADE BALANCE
17	India’s Trade Balance	-118,716.67	-108,504.60	-162,054.83	-184,000.3	-161,348.24