Imports to India tumbled 13.45 percent from a year earlier to USD 39.58 billion in August 2019, as purchases fell for coal, coke & briquettes (-23.75 percent), organic & inorganic chemicals (-14.95 percent), petroleum, crude & products (-8.90 percent), machinery, electrical & non-electrical (-8.80 percent) and electronic goods (-4.12 percent). Imports in India averaged 8307 USD Million from 1957 until 2019, 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.
Imports in India is expected to be 44500.00 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 45700.00 in 12 months time. In the long-term, the India Imports is projected to trend around 45100.00 USD Million in 2020, according to our econometric models.