India’s imports surged 19.2% year-on-year to $71.24 billion in January 2026, boosted primarily by increased purchases of gold and silver. Earlier this month, the US announced an interim trade deal with India, reducing tariffs on Indian goods from 50% to 18%, providing relief to exporters. The announcement followed a trade agreement with the European Union, underscoring New Delhi’s ongoing efforts to strengthen ties with key global partners. source: Ministry of Commerce and Industry, India

Imports in India increased to 71.24 USD Billion in January from 63.55 USD Billion in December of 2025. Imports in India averaged 12.42 USD Billion from 1957 until 2026, reaching an all time high of 76.06 USD Billion in October of 2025 and a record low of 0.12 USD Billion in August of 1958. This page provides the latest reported value for - India Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Imports - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Imports in India increased to 71.24 USD Billion in January from 63.55 USD Billion in December of 2025. Imports in India is expected to be 65.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Imports is projected to trend around 74.00 USD Billion in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-15 08:30 AM
Imports
Dec $63.55B $62.66B
2026-02-16 10:50 AM
Imports
Jan $71.24B $63.55B
2026-03-16 09:00 AM
Imports
Feb $71.24B


Related Last Previous Unit Reference
Balance of Trade -34.68 -25.04 USD Billion Jan 2026
Capital Flows -157.00 -400.00 USD Million Sep 2025
Crude Oil Production 594.00 579.00 BBL/D/1K Oct 2025
Current Account -12292.00 -2722.00 USD Million Sep 2025
Current Account to GDP -0.60 -0.70 percent of GDP Dec 2024
Exports 36.56 38.51 USD Billion Jan 2026
Exports by Category
Exports by Country
External Debt 746000.00 747200.00 USD Million Sep 2025
Foreign Direct Investment 1134.00 1065.00 USD Million Dec 2025
Gold Reserves 880.18 880.18 Tonnes Dec 2025
Imports 71.24 63.55 USD Billion Jan 2026
Imports by Category
Imports by Country
Remittances 28547.00 24624.00 USD Million Sep 2025
Terms of Trade 147.30 147.00 points Dec 2024
Terrorism Index 6.41 6.32 Points Dec 2024
Tourist Arrivals 626000.00 742000.00 Apr 2025
Weapons Sales 25.00 41.00 SIPRI TIV Million Dec 2024


India Imports
India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic chemicals (4 percent). India’s major import partners are: China (16 percent of total imports), the United States (6 percent), United Arab Emirates (6 percent), Saudi Arabia (5 percent) and Switzerland (5 percent).
Actual Previous Highest Lowest Dates Unit Frequency
71.24 63.55 76.06 0.12 1957 - 2026 USD Billion Monthly
Current Prices, NSA

News Stream
India’s Imports Hit Record High
India’s imports surged 16.6% in October 2025 to a historic high of USD 76.06 billion, driven largely by a sharp rise in precious metal purchases. Gold imports jumped to USD 14.72 billion, up from USD 4.92 billion a year earlier, while silver shipments also increased significantly. For the April–October 2025–26 period, total imports rose 6.4% to USD 451.08 billion, highlighting strong domestic demand and the substantial role of bullion inflows in pushing India’s import bill higher.
2025-11-17
India Imports Surge in September
India’s imports jumped 16.7% year-on-year to USD 68.53 billion in September 2025, the second-highest level on record, led by gold imports, which nearly doubled month-on-month despite record-high prices. Imports are expected to stay elevated in the near term, supported by strong gold demand ahead of the festive season, robust energy needs, and continued reliance on electronics and capital goods.
2025-10-15


International Trade
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category