India Imports

Imports to India increased 4.31 percent from a year earlier to an all-time high of USD 45.35 billion in May 2019, boosted by purchases of gold (37.43 percent) and oil (8.23 percent). Still, imports of other major commodities fell: pearls, precious & semi-precious stones (-24.70 percent); fertilizers, crude & manufactured (-21.21 percent); vegetable oil (-11.94 percent); electronic goods (-3.17 percent); and transport equipment (-3.04 percent). Imports in India averaged 8179.41 USD Million from 1957 until 2019, reaching an all time high of 45350 USD Million in May of 2019 and a record low of 117.40 USD Million in August of 1958.

Imports in India is expected to be 43900.00 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 45600.00 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.

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India Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-15360.00	-15330.00	258.90	-20210.90	USD Million	[+]
Current Account	-16899.55	-19057.15	7360.00	-31857.18	USD Million	[+]
Current Account to GDP	-2.30	-1.90	2.30	-4.80	percent	[+]
Imports	45350.00	41400.00	45350.00	117.40	USD Million	[+]
Exports	29990.00	26070.00	32550.00	59.01	USD Million	[+]
External Debt	521200.00	510400.00	529685.00	96392.00	USD Million	[+]
Terms of Trade	73.30	71.10	100.00	57.90	Index Points	[+]
Capital Flows	-76.35	-21.31	766.97	-271.47	USD Million	[+]
Foreign Direct Investment	4381.00	3724.00	8569.00	-1336.00	USD Million	[+]
Remittances	12589.15	14468.42	14468.42	5999.10	USD Million	[+]
Tourist Arrivals	771353.00	972866.00	1191147.00	129286.00		[+]
Gold Reserves	607.00	598.60	607.00	357.75	Tonnes	[+]
Crude Oil Production	683.00	686.00	813.00	526.00	BBL/D/1K	[+]
Terrorism Index	7.57	7.53	8.09	7.22		[+]
Weapons Sales	46.00	56.00	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 June of 2019.