Merchandise imports by the reporting economy in India
India: Merchandise imports by the reporting economy was 666.53 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in India stood at 666.53 billion current US$.
Compared with earlier readings it is down 8.9% on the previous year and up 43.1% over ten years.
Over the whole period, merchandise imports by the reporting economy in India peaked at 731.84 billion current US$ in 2022 and was at its lowest, 1.73 billion current US$, in 1969.
India ranks 8th of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.21 billion current US$ | 1.73 billion current US$ | 2.47 billion current US$ | 10 |
| 1970s | 4.46 billion current US$ | 1.83 billion current US$ | 8.47 billion current US$ | 10 |
| 1980s | 13.74 billion current US$ | 11.64 billion current US$ | 16.31 billion current US$ | 10 |
| 1990s | 29.65 billion current US$ | 15.39 billion current US$ | 47.84 billion current US$ | 10 |
| 2000s | 131.54 billion current US$ | 36.16 billion current US$ | 319.42 billion current US$ | 10 |
| 2010s | 437.17 billion current US$ | 348.23 billion current US$ | 506.26 billion current US$ | 10 |
| 2020s | 584.05 billion current US$ | 367.96 billion current US$ | 731.84 billion current US$ | 4 |
Countries ranked near India
More private sector data for India
- Food exports 11.1% (2024)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Merchandise trade 30.3% (2025)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Commercial service exports 411.65 billion current US$ (2025)
- Transport services 16.9% (2025)
- Computer, communications and other services 62.5% (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in India?
- Merchandise imports by the reporting economy in India was 666.53 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in India?
- The highest recorded value was 731.84 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in India?
- The lowest recorded value was 1.73 billion current US$ in 1969.
- How does India rank for merchandise imports by the reporting economy?
- India ranks 8th out of 204 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in India?
- Over the last ten years it is up 43.1%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.