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Strategic Lens

Supply chains and manufacturing: India and Russia

First country

Second country

In 2025, India sold USD 905 million of machinery, vehicles and iron and steel to Russia and bought USD 900 million from it.

Benefits

  • BothTrade in machinery, vehicles and iron and steel runs both ways in similar amounts: India sold USD 905 million and Russia sold USD 900 million in 2025.
  • BothTwo-way trade in machinery, vehicles and iron and steel grew 174 percent, from USD 659 million in 2019 to USD 1.81 billion in 2025.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

India's exports to Russia: machinery, vehicles and iron and steel

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 0.44Low 0.44 / High 1.32025: 0.9

20190.44
20200.45
20210.61
20220.48
20230.94
20241.3
20250.9

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

India's imports from Russia: machinery, vehicles and iron and steel

USD million · 2019 to 2025, calendar years, as reported by India

2019: 218.4Low 177.1 / High 900.22025: 900.2

2019218.4
2020177.1
2021214.3
2022490.1
2023760.9
2024516.4
2025900.2

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

More on this relationship

Benefits

  • BothBoth agreed to streamline diamond trade with fewer rules and lower tariffs, and the Vladivostok to Chennai Eastern Maritime Corridor is operating.
  • BothThe corridor cuts transit to 16 to 24 days from over 40.

Sources: Wikipedia: India–Russia relations (revision of 24 September 2026)

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