Strategic Lens

Trade in goods: India and Russia

First country

Second country

In 2025, India sold USD 4.49 billion of goods to Russia and bought USD 62.9 billion from it.

Benefits

  • BothTwo-way trade in goods grew about 7.4 times, from USD 9.10 billion in 2019 to USD 67.4 billion in 2025.

Constraints

  • BothFlows are one-sided: in 2025, Russia sold USD 62.9 billion of goods, against USD 4.49 billion the other way.
  • BothTrade is concentrated: mineral fuels and oils were 80 percent of goods trade between them 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: goods

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

2019: 2.87Low 2.56 / High 4.842025: 4.49

20192.87
20202.56
20213.33
20222.93
20234.06
20244.84
20254.49

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: goods

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

2019: 6.23Low 5.94 / High 67.152025: 62.87

20196.23
20205.94
20218.7
202240.63
202367.07
202467.15
202562.87

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

Data retrieved 26 September 2026