Top Import Products from India to Russia

14-Jan-2025

Overview

Russia
 

> Machinery: 20%

> Electrical Equipment: 15%

> Vehicles: 12%

> Pharmaceuticals: 10%

> Plastics: 8%

> Chemicals: 7%

> Iron and Steel: 6%

> Foodstuffs: 6%

> Textiles: 5%

> Optical Instruments: 3%

These top 10 import items represented a significant 92% of Russia's total import value for 2023. When analyzing Russia's customs records, it's evident that the fastest-growing import categories were Machinery (USD 50 billion), Electrical Equipment (USD 37.5 billion), and Vehicles (USD 30 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Pharmaceuticals, Plastics, Chemicals, as well as Foodstuffs.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Russia’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products from india to russia
Import Products from india to russia
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Interchangeable tools for hand tools, Whether or not power-operated, Or for machine-tools (for example, For pressing, Stamping,Punching,Tapping,Threading,Drilling, Boring, Broaching, Milling, Turning or screw driving), Including dies for drawing or extrud

HSN Code:  82075000   82074090   82077090  
Importers : Russia Importers 434
Russia Importers Shipment 44,203
Value $20,888,822.92 $5,980,493.44 greenUpArrow 249.28% 0.23%
Shipment 16,148 15,068 greenUpArrow 7.17% 2.57%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181500   73181600   73182200  
Importers : Russia Importers 1,437
Russia Importers Shipment 38,564
Value $21,994,668.67 $9,259,139.01 greenUpArrow 137.55% 0.24%
Shipment 20,351 6,158 greenUpArrow 230.48% 3.24%
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87088000   87085000  
Importers : Russia Importers 990
Russia Importers Shipment 35,325
Value $63,352,864.86 $72,019,674.51 redDownArrow -12.03% 0.68%
Shipment 14,437 11,004 greenUpArrow 31.20% 2.30%
Instruments and appliances used in medical, Surgical, Dental or veterinary sciences, Including scientigraphic apparatus, Other electromedical apparatus and sight-testing instruments electro-diagnostic apparatus (including apparatus for functional explorat

HSN Code:  90189099   90183990   90183210  
Importers : Russia Importers 346
Russia Importers Shipment 31,998
Value $50,116,088.14 $35,882,430.18 greenUpArrow 39.67% 0.54%
Shipment 8,706 7,916 greenUpArrow 9.98% 1.39%
Other articles of vulcanised rubber other than hard rubber

HSN Code:  40169330   40169990   40169960  
Importers : Russia Importers 1,354
Russia Importers Shipment 30,953
Value $26,771,747.91 $6,699,338.49 greenUpArrow 299.62% 0.29%
Shipment 14,817 5,420 greenUpArrow 173.38% 2.36%
Diagnostic or laboratory reagents on a backing, Prepared diagnostic or laboratory reagents whether or not on a backing, Other than those of heading 3002 or 3006; certified reference materials :

HSN Code:  38229090   38229010   38221990  
Importers : Russia Importers 316
Russia Importers Shipment 28,629
Value $31,314,814.76 $13,113,889.17 greenUpArrow 138.79% 0.34%
Shipment 13,231 6,791 greenUpArrow 94.83% 2.11%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves

HSN Code:  84818030   84819090   84818090  
Importers : Russia Importers 1,066
Russia Importers Shipment 28,187
Value $63,231,967.69 $37,897,335.63 greenUpArrow 66.85% 0.68%
Shipment 11,454 8,247 greenUpArrow 38.89% 1.83%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings

HSN Code:  30049099   30049000   30049011  
Importers : Russia Importers 379
Russia Importers Shipment 26,948
Value $903,989,922.71 $458,297,278.56 greenUpArrow 97.25% 9.74%
Shipment 11,321 7,309 greenUpArrow 54.89% 1.80%
Parts and accessories suitable for use solely or principally with the machines of headings 8456 to 8465, Including work or tool holders, Self-opening dieheads, Dividing heads and other special attachments for machine- tools; tool holders for any type of t

HSN Code:  84661010   84669310   84662000  
Importers : Russia Importers 300
Russia Importers Shipment 25,715
Value $18,617,981.01 $2,753,429.24 greenUpArrow 576.17% 0.20%
Shipment 11,542 3,478 greenUpArrow 231.86% 1.84%
New pneumatic tyres, Of rubber

HSN Code:  40117000   40118000   40119000  
Importers : Russia Importers 134
Russia Importers Shipment 24,334
Value $121,810,986.33 $52,485,767.24 greenUpArrow 132.08% 1.31%
Shipment 13,010 5,623 greenUpArrow 131.37% 2.07%
Plates, Sticks, Tips and the like for tools, Unmounted, Of cermets

HSN Code:  82090010   82090090   82090020  
Importers : Russia Importers 169
Russia Importers Shipment 22,959
Value $12,693,493.77 $1,908,940.33 greenUpArrow 564.95% 0.14%
Shipment 11,473 3,219 greenUpArrow 256.42% 1.83%
Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); interchangeable spanner sockets, With or without handles - hand-operated spanners and wrenches:

HSN Code:  82041110   82041100   82041120  
Importers : Russia Importers 179
Russia Importers Shipment 22,339
Value $35,022,034.69 $13,050,227.89 greenUpArrow 168.36% 0.38%
Shipment 8,961 6,597 greenUpArrow 35.83% 1.43%
Tube or pipe fittings (for example, Couplings, Elbows, Sleeves), Of iron or steel - cast fittings :

HSN Code:  73071190   73072900   73079190  
Importers : Russia Importers 502
Russia Importers Shipment 22,102
Value $8,521,086.34 $5,854,846.57 greenUpArrow 45.54% 0.09%
Shipment 8,600 7,353 greenUpArrow 16.96% 1.37%
Ball or roller bearings

HSN Code:  84822013   84821090   84822090  
Importers : Russia Importers 674
Russia Importers Shipment 19,003
Value $68,996,188.83 $19,883,517.27 greenUpArrow 247.00% 0.74%
Shipment 9,892 3,390 greenUpArrow 191.80% 1.58%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For

HSN Code:  85369090   85366990   85365090  
Importers : Russia Importers 1,106
Russia Importers Shipment 18,424
Value $34,718,202.14 $6,127,151.87 greenUpArrow 466.63% 0.37%
Shipment 8,887 2,434 greenUpArrow 265.12% 1.42%