Imports to India went down 26% year-on-year to USD 29.47 billion in August of 2020, mainly due to petroleum and crude (-41.62%) and machinery (-41.58%). Considering April to August, imports plunged 43.73%.
Imports in India averaged 8678.76 USD Million from 1957 until 2020, reaching an all time high of 45730 USD Million in August of 2018 and a record low of 117.40 USD Million 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 - values, historical data and charts - was last updated on September of 2020. source: Ministry of Commerce and Industry, India
Imports in India is expected to be 33000.00 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 34500.00 in 12 months time. In the long-term, the India Imports is projected to trend around 36200.00 USD Million in 2021 and 40100.00 USD Million in 2022, according to our econometric models.