Imports of Oil in India increased to 9.58 USD Million in December from 6.27 USD Million in November of 2020. source: Ministry of Commerce & Industry, India

Imports of Oil in India averaged 3564.16 USD Million from 2014 until 2020, 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 January 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
9.58 6.27 14497.30 3.49 2014 - 2020 USD Million Monthly
Current prices NSA

India Trade Last Previous Highest Lowest Unit
Balance of Trade -15440.00 -9870.00 790.00 -20210.90 USD Million [+]
Current Account 15530.87 19797.95 19797.95 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 42590.00 33390.00 45730.00 117.40 USD Million [+]
Exports 27150.00 23520.00 32720.00 59.01 USD Million [+]
External Debt 556243.00 554746.00 563941.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 4627.00 2412.00 17800.00 -1336.00 USD Million [+]
Capital Flows -87.28 -780.34 766.97 -822.33 USD Million [+]
Remittances 13951.00 12426.61 16373.32 5999.10 USD Million [+]
Tourist Arrivals 328462.00 1015632.00 1225672.00 129286.00 [+]
Gold Reserves 668.25 661.40 668.25 357.75 Tonnes [+]
Crude Oil Production 618.00 620.00 813.00 526.00 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 46.00 56.00 56.00 0.00 USD Million [+]
Auto Exports 36154.00 24571.00 63693.00 4034.00 units [+]

India Imports by Country Last Previous
China 392.55 451.87 INR Billion Nov/20
United Arab Emirates 178.26 169.66 INR Billion Nov/20
United States 177.77 156.52 INR Billion Nov/20
Switzerland 115.69 97.97 INR Billion Nov/20
Saudi Arabia 100.73 102.80 INR Billion Nov/20
Hong Kong 86.40 108.64 INR Billion Nov/20
Indonesia 84.55 75.73 INR Billion Nov/20
Japan 77.10 64.69 INR Billion Nov/20
Singapore 76.40 95.75 INR Billion Nov/20
Iraq 74.86 71.84 INR Billion Nov/20
South Africa 58.80 43.42 INR Billion Nov/20
Malaysia 50.30 56.58 INR Billion Nov/20
Belgium 49.45 54.93 INR Billion Nov/20
Australia 46.07 55.48 INR Billion Nov/20
Thailand 40.01 34.53 INR Billion Nov/20
Qatar 39.84 56.71 INR Billion Nov/20
Nigeria 33.38 32.81 INR Billion Nov/20
Brazil 33.33 16.99 INR Billion Nov/20
United Kingdom 30.64 24.88 INR Billion Nov/20
Taiwan 28.10 24.41 INR Billion Nov/20
India Imports by Category Last Previous
Non Pol Items 15267724.00 12828340.00 INR Million Dec/20
Non Pol Items 2428588.80 2012840.98 INR Million Dec/20
Petroleum Crude & Products 707.23 465.36 INR Billion Dec/20
Non Oil 204.58 159.28 USD Million Dec/20
Oil 53.69 44.11 USD Million Dec/20
Non Oil 33.00 24.10 USD Million Dec/20
Oil 9.58 6.27 USD Million Dec/20
Project Goods 4.81 16.46 INR Billion Nov/20
Cotton Raw & Waste 1.40 1.90 INR Billion Nov/20

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