India / Ukraine

Overview In July 2024, India exported $16.3M and imported $28.4M from Ukraine, resulting in a negative trade balance of $12.1M. Between July 2023 and July 2024 the exports of India have decreased by $-2M (-11%) from $18.3M to $16.3M, while imports decreased by $-4.54M (-13.8%) from $32.9M to $28.4M.

Trade In July 2024, the top exports of India to Ukraine were Drug Formulations, Biologicals ($2.06M), Auto Tyres And Tubes ($1.74M), Misc Processed Items ($790k), Tea ($512k), and Plastc Sht, Film, Plts Et ($418k). In July 2024 the top imports of India from Ukraine were Vegetable Oils ($180M), Ship, Boat And Floating Struct ($6.03M), Residul Chemicl And Alled Prod ($1.26M), Aluminium, Products Of Aluminm ($743k), and Medical And Scientific Instrum ($200k).

Growth In July 2024, the decrease in India's year-by-year exports to Ukraine was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-15.1M or -88%), Iron And Steel ($-2.68M or -100%), and Plastc Sht, Film, Plts Et ($-1.19M or -74%). In July 2024, the decrease in India's year-by-year imports  from Ukraine was explained primarily by an decrease in product imports  in Vegetable Oils ($-160M or -47.1%), Indl. Machnry For Dairy Etc ($-1.63M or -93.7%), and Electric Machinery And Equipme ($-316k or -98.7%).