India's imports from Russia drop over 40% in January
after close1 source ↓written by the desknot a recommendation
- Russia fell
- 40.48%
- $2.86 billion
- last year
- $4.81 billion
- of these imports
- 80%
- or lower
- $2.3 billion
In January 2026, India's merchandise imports from Russia fell by 40.48% to $2.86 billion, down from $4.81 billion last year. This decline is primarily due to a significant reduction in crude oil purchases, which typically make up 80% of these imports. Actual crude oil imports were estimated at around $2.3 billion or lower, indicating a sharp contraction in trade relations.
Not investment advice. For informational purposes only.