Imports to India were flat year-on-year at USD 41.09 billion in January of 2019 after falling 2.44 percent in December, the biggest drop since August of 2016. Purchases fell for metaliferrous ores (-48.87 percent); pearls, precious and semi-precious stones (-36.51 percent); transport equipment (-21.43 percent); vegetable oil (-19.89 percent); and oil (-3.59 percent) but jumped 38.16 percent for gold. Imports in India averaged 7999.34 USD Million from 1957 until 2019, reaching an all time high of 45281.90 USD Million in May of 2011 and a record low of 117.40 USD Million in August of 1958.

Imports in India is expected to be 43231.63 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in India to stand at 45900.00 in 12 months time. In the long-term, the India Imports is projected to trend around 43000.00 USD Million in 2020, according to our econometric models.

India Imports
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India Trade Last Previous Highest Lowest Unit
Balance of Trade -14730.00 -13080.00 258.90 -20210.90 USD Million [+]
Current Account -19100.00 -15807.13 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
Imports 41090.00 41010.00 45281.90 117.40 USD Million [+]
Exports 26360.00 27930.00 30541.44 59.01 USD Million [+]
External Debt 510428.00 514442.00 529685.00 96392.00 USD Million [+]
Terms of Trade 73.30 71.10 100.00 57.90 Index Points [+]
Capital Flows -21.31 17.43 766.97 -271.47 USD Million [+]
Foreign Direct Investment 855.00 3717.00 8579.00 -1336.00 USD Million [+]
Remittances 14468.42 12638.86 14468.42 5999.10 USD Million [+]
Tourist Arrivals 1191147.00 1012128.00 1191147.00 129286.00 [+]
Gold Reserves 598.60 592.00 598.60 357.75 Tonnes [+]
Crude Oil Production 701.00 697.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.57 7.53 8.09 7.22 [+]
Weapons Sales 56.00 42.00 56.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41090.00 41010.00 45281.90 117.40 1957 - 2019 USD Million Monthly
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