Imports of Oil in India increased to 10.17 USD Million in March from 8.99 USD Million in February of 2021. source: Ministry of Commerce & Industry, India

Imports of Oil in India averaged 3435.67 USD Million from 2014 until 2021, 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 April of 2021.

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 2022 and 7411.95 USD Million in 2023, according to our econometric models.

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India Imports of Oil

Actual Previous Highest Lowest Dates Unit Frequency
10.17 8.99 14497.30 3.49 2014 - 2021 USD Million Monthly
Current prices NSA

India Trade Last Previous Highest Lowest Unit
Balance of Trade -13930.00 -12620.00 790.00 -20210.90 USD Million [+]
Current Account -1723.59 15123.73 19022.34 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 48380.00 40540.00 48380.00 117.40 USD Million [+]
Exports 34450.00 27930.00 34450.00 59.01 USD Million [+]
External Debt 563487.00 556697.00 563964.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 3520.00 6509.00 17689.00 -1336.00 USD Million [+]
Capital Flows -166.97 -88.48 766.97 -822.33 USD Million [+]
Remittances 14015.54 13951.00 16373.32 5999.10 USD Million [+]
Tourist Arrivals 0.00 0.00 1225672.00 0.00 [+]
Gold Reserves 676.61 668.25 676.61 357.75 Tonnes [+]
Crude Oil Production 615.00 618.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.35 7.52 8.09 7.22 [+]
Tourism Revenues 58330.00 182810.00 226170.00 31530.00 INR Million [+]
Weapons Sales 151.00 18.00 151.00 0.00 USD Million [+]
Auto Exports 23230.00 24991.00 63693.00 4034.00 units [+]

India Imports by Country Last Previous
China 459.61 488.60 INR Billion Feb/21
United Arab Emirates 237.43 245.56 INR Billion Feb/21
United States 234.22 215.12 INR Billion Feb/21
Switzerland 192.09 170.91 INR Billion Feb/21
Iraq 116.87 106.05 INR Billion Feb/21
Singapore 115.64 111.21 INR Billion Feb/21
Saudi Arabia 91.10 127.63 INR Billion Feb/21
Indonesia 89.51 107.53 INR Billion Feb/21
Hong Kong 88.99 114.82 INR Billion Feb/21
Japan 81.09 75.46 INR Billion Feb/21
Malaysia 71.95 82.23 INR Billion Feb/21
South Africa 70.05 60.91 INR Billion Feb/21
Qatar 64.55 57.25 INR Billion Feb/21
Australia 63.72 64.44 INR Billion Feb/21
Nigeria 57.32 37.45 INR Billion Feb/21
Belgium 56.78 49.38 INR Billion Feb/21
Thailand 46.11 39.76 INR Billion Feb/21
Russia 36.40 41.37 INR Billion Feb/21
United Kingdom 32.68 57.78 INR Billion Feb/21
France 29.05 25.81 INR Billion Feb/21
India Imports by Category Last Previous
Non Pol Items 22755221.00 19979412.00 INR Million Mar/21
Non Pol Items 2762486.76 2296195.14 INR Million Mar/21
Petroleum Crude & Products 740.30 654.08 INR Billion Mar/21
Non Oil 306.67 268.78 USD Million Mar/21
Oil 82.25 72.08 USD Million Mar/21
Non Oil 37.95 31.56 USD Million Mar/21
Project Goods 10.43 11.81 INR Billion Feb/21
Oil 10.17 8.99 USD Million Mar/21
Cotton Raw & Waste 2.45 3.90 INR Billion Feb/21

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category