India Imports Surge in September

2025-10-15 09:45 By Joana Ferreira 1 min. read

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.



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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