Trump’s effect! India’s imports from Russia fell by 40%, where was the impact the most?

The continuous pressure being exerted by US President Donald Trump and the Indian government’s decreasing dependence on Russia is clearly visible. India’s merchandise imports from Russia fell 40 percent in January. In this, the import of crude oil has been affected the most. Trade Data 2026 According to new data, India’s merchandise imports from Russia declined by 40.48 percent to $2.86 billion in January. Whereas in January 2025 it was $4.81 billion. This decrease is mostly due to Indian refineries drastically reducing the purchase of crude oil from Russia.

Generally, petroleum crude oil accounts for about 80 percent of India’s total merchandise imports from Russia. Experts believe that the actual import of crude oil from Russia this month was less than $2.3 billion.

Also read: Will jobs be lost due to introduction of AI in India? PM Modi only told the truth

Central government released trade data

Actually, the central government on Monday released trade data for January 2026. In this, sequential data of countries has not been released, so that the picture on trade imports with other countries can be clear. Apart from crude oil, India imports coal, coke, petroleum products, fertilizers, iron, newsprint, project materials, pulses, pearls, precious and semi-precious stones from Russia.

Reduction in Russian crude oil imports in 2025-26

There is a decline in Russian crude oil imports in 2025-26. India had touched the highest peak of $4.73 billion from Russia in April 2025. But, after the trade agreement between India and America this month, Delhi has suddenly reduced its purchase of oil from Moscow. Donald Trump has put huge pressure on India to buy crude oil from Russia.

Also read: Is winter over? Hail may fall with rain today, weather condition

Imports will fall further

Let us tell you that many big Indian refinery companies have also given statements regarding the import of crude oil from Russia. Also this month, Reliance Industries, India’s largest private refiner, said it did not expect to take delivery of any Russian crude in January. According to the data, merchandise imports from Russia are expected to decline further in the coming months as Indian refiners start buying cheaper Venezuelan crude oil compared to Russian oil.