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Export to Russia

Growing buyer of Indian food, medicines and machinery. Payments need care because of sanctions; EAC certification applies.

Capital
Moscow
Currency
RUB
Trade agreement with India
India–Eurasian Economic Union FTA (under negotiation)
Not in force yetNot in force
Main ports
St Petersburg, Novorossiysk, Vladivostok

Since 2022 Russia has bought more from India — medicines, machinery, auto parts, marine products, tea, coffee, fruit and vegetables. The main challenge is payment: many Western banks avoid Russian transactions, so trade often uses rupee settlement through Special Rupee Vostro Accounts allowed by the RBI. Products must meet Eurasian Economic Union technical regulations.

India–Eurasian Economic Union FTA (under negotiation)

There is no trade agreement in force; Eurasian Economic Union (EAEU) common duties apply. India and the EAEU (Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia) signed terms of reference in August 2025 to start FTA negotiations. Confirm current status on commerce.gov.in.

What it buys from India

  • Medicines and pharmaceutical products
  • Machinery, electrical goods and auto parts
  • Marine products, tea, coffee, fruit and vegetables
  • Chemicals, iron and steel goods and garments

Import rules on their side

  • Most manufactured goods need EAEU conformity documents (a declaration or certificate) and the EAC mark under the union's technical regulations.
  • Marine, dairy and meat plants must be on the list approved by Rosselkhoznadzor (FSVPS); plant products need phytosanitary certificates and are checked at entry.
  • Labels must be in Russian.

Practical tips

  • Agree the payment route with your bank before you sign. Check that the buyer and its bank are not on sanctions lists your bank follows.
  • Prodexpo and WorldFood Moscow are the main food fairs.
  • Shipping takes longer and costs more than before 2022; compare the Suez route, the North–South corridor and transhipment options.
Sources (5)
  1. All India Radio News — India and EAEU sign ToR to begin FTA negotiations (Aug 2025)
  2. RBI — International Trade Settlement in Indian Rupees (INR), July 2022
  3. Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor)
  4. Federal Customs Service of Russia
  5. Department of Commerce — TradeStat export-import data bank

Trade data

India’s exports to Russia in numbers

From the Department of Commerce’s TradeStat (Indian financial years, April–March), the country’s imports from the world from UN Comtrade, and its basics from the World Bank.

India’s exports here, 2025-26
US$ 4.49 bn
No. 29 of our 80 countries
Change from 2024-25
↓ -7.9%
US$ 4.88 bn → US$ 4.49 bn
Share of all Indian exports
1.02%
Its imports from the world
—
2020-21: US$ 2.66 bn2.7k2020-212021-22: US$ 3.25 bn3.3k2021-222022-23: US$ 3.15 bn3.1k2022-23n/a2023-242024-25: US$ 4.88 bn4.9k2024-252025-26: US$ 4.49 bn4.5k2025-26
India’s exports to Russia, year by year · US$ million · TradeStat’s 2023-24 country table is double-counted, so it is not shown

What India sells here most

By HS chapter, 2025-26. Change is against 2024-25.

Name2025-26Change
1MachineryHS 84US$ 660 mn-42%
2Medicines and pharmaHS 30US$ 471 mn+11.9%
3Electrical and electronicsHS 85US$ 345 mn-5.1%
4Organic chemicalsHS 29US$ 326 mn-11.6%
5Inorganic chemicalsHS 28US$ 197 mn-19.3%
6Other chemical productsHS 38US$ 169 mn-2.2%
7Fish and seafoodHS 03US$ 159 mn+29.3%
8Other food preparationsHS 21US$ 156 mn+65.3%
9Instruments, medical devicesHS 90US$ 146 mn+10%
10Ceramics and tilesHS 69US$ 139 mn-5.3%
11Coffee, tea, spicesHS 09US$ 116 mn+13%
12Iron and steelHS 72US$ 110 mn-16.2%

What is rising and what is falling

Chapters where India sells at least US$ 5 million. Change from 2024-25 to 2025-26.

High demand

  1. MeatUS$ 35.8 mn → US$ 97.5 mn+172.8%
  2. AircraftUS$ 26.5 mn → US$ 62.7 mn+136.1%
  3. TobaccoUS$ 44.1 mn → US$ 85.1 mn+93%
  4. Paper and paperboardUS$ 23 mn → US$ 39.9 mn+73.8%
  5. Other food preparationsUS$ 94.6 mn → US$ 156 mn+65.3%
  6. VegetablesUS$ 38.4 mn → US$ 54.4 mn+41.5%
  7. FootwearUS$ 31 mn → US$ 40.9 mn+32%
  8. Fish and seafoodUS$ 123 mn → US$ 159 mn+29.3%

Low demand

  1. Iron and steel articlesUS$ 71.8 mn → US$ 40 mn-44.3%
  2. MachineryUS$ 1.14 bn → US$ 660 mn-42%
  3. Vehicles and partsUS$ 47.3 mn → US$ 37 mn-21.9%
  4. Oilseeds and seedsUS$ 75.5 mn → US$ 59.6 mn-21%
  5. Inorganic chemicalsUS$ 244 mn → US$ 197 mn-19.3%
  6. Cereals (rice, wheat, maize)US$ 85.2 mn → US$ 69.1 mn-18.8%
  7. Tools and cutleryUS$ 45.3 mn → US$ 37.9 mn-16.4%
  8. Iron and steelUS$ 131 mn → US$ 110 mn-16.2%

Our product guides that sell here

India’s exports of each product to this country, 2025-26.

Name2025-26Change
2Processed foodUS$ 194 mn+40.6%
3Mobile phonesUS$ 177 mn-0.5%
4Frozen shrimpUS$ 169 mn+32.4%
5Bulk drugs (APIs)US$ 160 mn+4.3%
7Ceramic and vitrified tilesUS$ 136 mn-5.1%
8Buffalo meat (frozen)US$ 97.5 mn+172.8%
9Unmanufactured tobaccoUS$ 84.8 mn+93.1%
10Guar gumUS$ 70.8 mn+7.5%
11TeaUS$ 65.4 mn-7.6%
12Wires and cablesUS$ 59.2 mn+325.1%

The 20 biggest export lines

4-digit HS lines, 2025-26, with their Harmonized System descriptions.

Name2025-26Change
1MedicamentsHS 3004US$ 398 mn+4.8%
2Telephone sets, including smartphones and other telephones for cellular/wireless networksHS 8517US$ 187 mn-0.9%
3CrustaceansHS 0306US$ 158 mn+29.8%
4Extracts, essences, concentrates of coffee, tea or mateHS 2101US$ 147 mn+68.5%
5Automatic data processing machines and units thereof, magnetic or optical readers, machines for…HS 8471US$ 144 mn-72%
6Aluminium oxideHS 2818US$ 140 mn-23.6%
7Ceramic flags and paving, hearth or wall tilesHS 6907US$ 136 mn-5.1%
8Meat of bovine animalsHS 0202US$ 97.5 mn+172.8%
9Tobacco, unmanufacturedHS 2401US$ 84.8 mn+93.1%
10Heterocyclic compounds with nitrogen hetero-atom onlyHS 2933US$ 81.6 mn+15.6%
11Vegetable saps and extractsHS 1302US$ 72.4 mn+5.9%
12Machining centres, unit construction machines and multi-station transfer machines for working metalHS 8457US$ 67.2 mn+220.8%
13TeaHS 0902US$ 65.4 mn-7.6%
14RiceHS 1006US$ 65.3 mn-21.6%
15Insulated wire, cable and other electric conductors, connector fitted or notHS 8544US$ 59.2 mn+325.1%
16AircraftHS 8807US$ 55.4 mn+108.7%
17Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products, plant growth regulators…HS 3808US$ 51.3 mn-16.9%
18Orthopaedic appliancesHS 9021US$ 50.9 mn+43.5%
19Human bloodHS 3002US$ 49.9 mn+109.7%
20Fixed vegetable or microbial fats and oils in chapter 15 and their fractions, whether or not refined, but…HS 1515US$ 44.3 mn-0.2%

What India buys from Russia

India’s imports from this country in 2025-26 by HS chapter, from TradeStat — this country can be your supplier too.

India’s imports, 2025-26
US$ 55.4 bn
US$ 63.8 bn → US$ 55.4 bn
India’s exports, 2025-26
US$ 4.49 bn
Trade balance
−US$ 50.9 bn
exports minus imports
Change in imports
-13.2%
Name2025-26Change
1Fuels and petroleum productsHS 27—-15.9%
2FertilisersHS 31—+69.5%
3Fats and oilsHS 15—-30%
4Project goods, specialHS 98—+7.2%
5Iron and steelHS 72—+18.9%
6Gems, jewellery, precious metalsHS 71—-13.5%
7MachineryHS 84—+192.5%
8Salt, stone, cementHS 25—+23.2%
9Paper and paperboardHS 48—-18.5%
10Organic chemicalsHS 29—+87.5%

The country at a glance

Population
144 mn
2025
GDP
US$ 2,561.3 bn
2025
GDP per person
US$ 17,547
2025
Imports (goods and services)
US$ 397.2 bn
2025

Sources: TradeStat — Export Import Data Bank, Department of Commerce · World Bank — World Development Indicators · Figures taken 29 October 2026.

What to send to Russia

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