India vs Low & middle income: Merchandise imports by the reporting economy
India
666.53 billion current US$
in 2023
Low & middle income
7.44 trillion current US$
in 2023
India rank
8th
Low & middle income rank
8th
Merchandise imports by the reporting economy over time
- India
- Low & middle income
How they compare
Low & middle income currently reports 7.44 trillion current US$ against 666.53 billion current US$ in India, a difference of 6.78 trillion current US$.
That makes Low & middle income's figure about 11.2 times India's.
Across all 64 years both countries report, Low & middle income has been ahead every year.
India ranks 8th and Low & middle income ranks 8th of 206 countries.
Low & middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | India | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.21 billion current US$ | 23.12 billion current US$ | 20.91 billion current US$ | Low & middle income |
| 1970s | 4.46 billion current US$ | 100.17 billion current US$ | 95.71 billion current US$ | Low & middle income |
| 1980s | 13.74 billion current US$ | 272.12 billion current US$ | 258.37 billion current US$ | Low & middle income |
| 1990s | 29.65 billion current US$ | 715.22 billion current US$ | 685.57 billion current US$ | Low & middle income |
| 2000s | 131.54 billion current US$ | 2.19 trillion current US$ | 2.06 trillion current US$ | Low & middle income |
| 2010s | 437.17 billion current US$ | 5.22 trillion current US$ | 4.78 trillion current US$ | Low & middle income |
| 2020s | 584.05 billion current US$ | 6.84 trillion current US$ | 6.26 trillion current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, India or Low & middle income?
- Low & middle income, at 7.44 trillion current US$ against 666.53 billion current US$ in India as of 2023.
- What is the difference in merchandise imports by the reporting economy between India and Low & middle income?
- 6.78 trillion current US$, with Low & middle income ahead.
- How many years of comparable data are there for India and Low & middle income?
- 64 years are reported by both, from 1960 to 2023.
- How do India and Low & middle income rank globally for merchandise imports by the reporting economy?
- India ranks 8th and Low & middle income ranks 8th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.