Global ยท Country profile
Russia
India-Russia trade corridor: $7.1B bilateral trade, $5.7B FDI into India.
$7.1B
Trade with India
+9.6% YoY
$1.70T
GDP
Nominal
$5.7B
FDI into India
Cumulative
+$0.1B
Trade balance
India surplus
Top exports to Russia
- Auto components
- Pharmaceuticals
- Textiles and apparel
Top imports from Russia
- Plastics
- Fertilisers
- Scientific instruments
Trade corridor with India
2025: $7.1B ยท 5-yr CAGR 14.0%
Goods trade in USD billion, illustrative demo figures.
Latest Russia stories
Trade3h ago4 min read
India-Russia bilateral trade hits a new quarterly high
FDI6h ago5 min read
Russia investors commit fresh capital to Indian manufacturing
Policy9h ago6 min read
Revised tariff schedule for India-Russia goods notified
Technology12h ago7 min read
India and Russia deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 6% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 2 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Russia Business Forum
Jan 2027 ยท New Delhi
Delegation
Trade delegation to Russia
Mar 2027 ยท Russia
Buyer meet
Russia buyers-sellers meet
Apr 2027 ยท Mumbai
Policy
Joint working group on market access
Dec 2026 ยท Virtual
Opportunity sectors
๐พS02Agriculture & Dairy20% projected demand growth๐ฟS07Ayush & Ayurveda & Herbal Medicine14% projected demand growthโ๏ธS12Coal11% projected demand growth๐S17Diamond, Gems & Jewellery9% projected demand growth๐ปS22Electronics & IT & Components19% projected demand growth๐ณS27FinTech & Digital Payments24% projected demand growth