Imports of Oil in India decreased to 3.49 USD Million in May from 4.66 USD Million in April of 2020.
Imports of Oil in India averaged 3905.30 USD Million from 2014 until 2020, reaching an all time high of 14497.30 USD Million in September of 2014 and a record low of 3.49 USD Million in May of 2020. This page includes a chart with historical data for India Imports of Oil. India Imports of Oil - values, historical data and charts - was last updated on July of 2020.
Imports of Oil in India is expected to be 7411.80 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports of Oil in India to stand at 7411.80 in 12 months time. In the long-term, the India Imports of Oil is projected to trend around 7411.94 USD Million in 2021 and 7411.95 USD Million in 2022, according to our econometric models.