Imports to India increased 2.03 percent year-on-year to USD 41.99 billion in January 2021, mainly due to purchases of gold (154.70 percent). On the other hand, imports were down for oil (27.72 percent), transport equipment (-25.26 percent), and fertilizers, crude & manufactured (-11.57 percent). Considering April-January of 2020-21 fiscal year, imports tumbled 25.92 percent year-on-year to USD 300.26 billion. source: Ministry of Commerce and Industry, India
Imports in India averaged 8861.29 USD Million from 1957 until 2021, 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 February of 2021.
Imports in India is expected to be 35800.00 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 37200.00 in 12 months time. In the long-term, the India Imports is projected to trend around 40100.00 USD Million in 2022, according to our econometric models.