News & analysis
What is actually happening in the corridor.
Short, factual pieces on India–Russia trade — the figures, what they mean for the companies inside them, and what changes in the rules. We cite our sources and we do not forecast.
12 August 2026
India–Russia trade hits US$ 43.81 billion in FY26 to November
Bilateral trade reached US$ 43.81 billion in the first eight months of FY26, with Indian imports of US$ 40.81 billion against exports of US$ 3.00 billion.
6 August 2026
Why India exports only US$ 3 billion to a US$ 44 billion partner
India's exports to Russia are a fraction of its imports. The constraints are certification, payment routing and counterparty risk, not demand.
28 July 2026
The US$ 100 billion target: what actually has to change by 2030
India and Russia have set a US$ 100 billion bilateral trade target for 2030. Reaching it means growing the non-oil trade, which means solving certification and channel access.