Summary
- India → Ukraine
- $951million
- Ukraine → India
- $1.2billion
- India’s balance
- -$212million
Balance
India’s trade balance with Ukraine
Trade between India and Ukraine grew 5.3-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1
- Imports 1.2
- Balance -0.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $64 million | $332 million | -$268 million |
| 1996 | $98 million | $127 million | -$29 million |
| 1997 | $105 million | $276 million | -$171 million |
| 1998 | $87 million | $205 million | -$118 million |
| 1999 | $75 million | $212 million | -$137 million |
| 2000 | $88 million | $200 million | -$111 million |
| 2001 | $121 million | $238 million | -$117 million |
| 2002 | $138 million | $247 million | -$109 million |
| 2003 | $169 million | $327 million | -$157 million |
| 2004 | $281 million | $524 million | -$243 million |
| 2005 | $351 million | $1.1 billion | -$774 million |
| 2006 | $408 million | $1.1 billion | -$729 million |
| 2007 | $559 million | $986 million | -$427 million |
| 2008 | $728 million | $1.4 billion | -$700 million |
| 2009 | $502 million | $1.6 billion | -$1.1 billion |
| 2010 | $1.1 billion | $1.8 billion | -$659 million |
| 2011 | $849 million | $2.6 billion | -$1.7 billion |
| 2012 | $1 billion | $2.5 billion | -$1.5 billion |
| 2013 | $861 million | $1.9 billion | -$1.1 billion |
| 2014 | $662 million | $2.2 billion | -$1.5 billion |
| 2015 | $456 million | $1.6 billion | -$1.2 billion |
| 2016 | $486 million | $2 billion | -$1.5 billion |
| 2017 | $568 million | $2.7 billion | -$2.1 billion |
| 2018 | $620 million | $2.3 billion | -$1.7 billion |
| 2019 | $715 million | $2.1 billion | -$1.4 billion |
| 2020 | $691 million | $2.1 billion | -$1.4 billion |
| 2021 | $934 million | $2.5 billion | -$1.6 billion |
| 2022 | $1.6 billion | $1.1 billion | $468 million |
| 2023 | $1.8 billion | $570 million | $1.2 billion |
| 2024 | $951 million | $1.2 billion | -$212 million |
What they sell each other
What India sells to Ukraine
The top 10 headings in 2024, with their share of the total.
What Ukraine sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Odesa is 12,120 nautical miles (22,445 km) long: ≈ 28–36 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope, the Strait of Gibraltar, the Dardanelles and the Bosporus (12,120 nautical miles); and 15% via the Bab-el-Mandeb Strait, the Suez Canal, the Dardanelles and the Bosporus (4,309 nautical miles).
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Ukraine was India’s 60th largest trading partner (0.2% of its trade), and India was Ukraine’s 15th (2%).
- Ukraine in India’s trade
- 0.2%
- Ukraine’s rank among India’s partners
- 60th
- India in Ukraine’s trade
- 1.8%
- India’s rank among Ukraine’s partners
- 15th
Compare with
Other partners of India
Other partners of Ukraine
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.