globaltraffic.earth

How dependent is India on Russia?

In 2024, Russia sold $66.4 billion to India, 9.6% of its imports, ranking 2nd among its suppliers. Its share was 1.4% in 2019 and 2.3% in 1995. In 4 products it sells more than 50% of what India buys of them (in 1, more than 75%); what India buys from Russia in those products (dominated value) adds up to $2.3 billion, 0.33% of its imports.

Summary

Share of its imports
9.6%
Value imported
$66.4billion
Rank among its suppliers
2nd
Products where it sells over 50%
4
Products where it sells over 75%
1
Dominated value
$2.3billion
Share of total imports
0.3%

Trend

Trend in shares

Russia went from 2.3% to 9.6% of what India buys

Share (%)

  • Russia 9.6%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19958072.3%16
19967702%19
19978082%19
19986821.5%20
19991,0762%19
20001,0362.3%16
20019102%16
20028911.8%18
20031,2121.9%18
20041,9762.3%14
20052,8212.4%15
20062,3811.3%23
20073,3551.4%22
20085,2091.6%21
20094,3791.6%21
20104,6341.3%24
20115,1681.1%26
20125,9251.2%25
20134,5911%25
20144,9111.1%26
20155,0191.3%24
20165,4831.5%21
20177,4721.7%19
20186,7381.3%25
20196,7301.4%23
20206,1381.6%20
20217,8731.4%21
202240,3825.6%5
202366,1499.9%2
202466,3879.6%2

Products where Russia sells more than half

ProductSupplierShareSecondValue
Sunflower, safflower and cottonseed oilRussia60.2%Ukraine · 24.5%$2 billion
Direct-reduced ironRussia82.7%over 75%Oman · 6.6%$151 million
AsbestosRussia51.2%Brazil · 37.9%$103 million
Pig ironRussia50.2%Indonesia · 29.1%$53 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

  • Russia sells 24.1% of what the world exports of sunflower, safflower and cottonseed oil; next come Ukraine (29.5%), Turkey (7%) and Netherlands (5.9%). The rest of the world exported 7.1 times what India buys from Russia.
  • Russia sells 18.5% of what the world exports of direct-reduced iron; next come Oman (16.7%), Trinidad and Tobago (13.4%) and United States (12.5%). The rest of the world exported 22.3 times what India buys from Russia.
  • Russia sells 53.2% of what the world exports of asbestos; next come Brazil (22.6%), Kazakhstan (20.4%) and China (3.1%). The rest of the world exported 1.9 times what India buys from Russia.
  • Russia sells 19.2% of what the world exports of pig iron; next come Brazil (36.5%), Ukraine (10.5%) and Indonesia (8.8%). The rest of the world exported 73.5 times what India buys from Russia.

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Russia

India is Russia’s 2nd-largest customer, with 17.6% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.