Imports to India edged down 0.8 percent year-on-year to USD 41.14 billion in January of 2020, the 8th straight drop, mainly due to purchases of gold (-31.5 percent, as local prices of gold neared record highs in January, which prompted buyers to curtail purchases), coal, coke and briquettes (-24.4 percent), chemicals (-12%), pearls, precious and semi-precious stones (-6.2 percent) and electronic goods (-4.7 percent). India Imports - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Imports in India averaged 8509.61 USD Million from 1957 until 2020, 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. source: Ministry of Commerce and Industry, India
Imports in India is expected to be 42600.00 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 44400.00 in 12 months time. In the long-term, the India Imports is projected to trend around 45100.00 USD Million in 2021, according to our econometric models.