Question
According to the data provided by the Ministry of
Commerce, which country moved to the fourth position on the list of top 10 Merchandise Import Source Nations during April-December 2022?Solution
According to the data provided by the Ministry of Commerce, Russia moved to the fourth position on the list of top 10 Merchandise Import Source Nations during April-December 2022 because of the significant increase in oil imports by the country from Russia in the current financial year. The merchandise imports from Russia increased from USD 6.58 billion in April-December 2021 to USD 32.88 billion in April-December 2022, which is an increase of 399.73 per cent. Learn Along: Ministry of Commerce and Industry Union Minister: Piyush Goyal
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