Merchandise imports by the reporting economy (current US$), gaps in India

India: Merchandise imports by the reporting economy (current US$), gaps was 666.53 billion current US$ in 2023. ◆ Volatile

Latest (2023)
666.53 billion current US$
Change on year
down 8.9%
World rank
8th
of 206 countries
All-time high
731.84 billion current US$
in 2022
All-time low
1.73 billion current US$
in 1969
Years of data
64
1960–2023

Merchandise imports by the reporting economy (current US$), gaps in India, 1960–2023

0200.0B400.0B600.0B800.0B196019912023

Source: Statizoid (derived). Measured in current US$.

Analysis

The most recent figure for merchandise imports by the reporting economy (current us$), gaps in India is 666.53 billion current US$, measured in 2023.

The figure 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 (current us$), gaps in India peaked at 731.84 billion current US$ in 2022 and was at its lowest, 1.73 billion current US$, in 1969.

That places India 8th out of 206 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports by the reporting economy (current US$), gaps in India, year by year

Annual values for Merchandise imports by the reporting economy (current US$), gaps filled in India, 1960 to 2023.
Year current US$ Change
1960 2.14 billion current US$
1961 2.07 billion current US$ -3.2%
1962 2.08 billion current US$ +0.4%
1963 2.21 billion current US$ +6.3%
1964 2.38 billion current US$ +7.8%
1965 2.47 billion current US$ +3.8%
1966 2.43 billion current US$ -1.8%
1967 2.41 billion current US$ -0.7%
1968 2.20 billion current US$ -8.7%
1969 1.73 billion current US$ -21.6%
1970 1.83 billion current US$ +5.8%
1971 2.18 billion current US$ +19.6%
1972 1.97 billion current US$ -9.7%
1973 2.90 billion current US$ +46.9%
1974 4.27 billion current US$ +47.6%
1975 5.53 billion current US$ +29.5%
1976 4.68 billion current US$ -15.3%
1977 5.94 billion current US$ +26.9%
1978 6.84 billion current US$ +15.1%
1979 8.47 billion current US$ +24.0%
1980 12.93 billion current US$ +52.6%
1981 12.47 billion current US$ -3.6%
1982 13.61 billion current US$ +9.2%
1983 11.64 billion current US$ -14.5%
1984 12.63 billion current US$ +8.5%
1985 13.79 billion current US$ +9.2%
1986 13.34 billion current US$ -3.3%
1987 14.38 billion current US$ +7.8%
1988 16.31 billion current US$ +13.4%
1989 16.31 billion current US$ +0.0%
1990 20.32 billion current US$ +24.6%
1991 15.39 billion current US$ -24.3%
1992 21.25 billion current US$ +38.1%
1993 19.33 billion current US$ -9.0%
1994 24.26 billion current US$ +25.5%
1995 30.91 billion current US$ +27.4%
1996 34.33 billion current US$ +11.1%
1997 40.81 billion current US$ +18.9%
1998 42.09 billion current US$ +3.2%
1999 47.84 billion current US$ +13.6%
2000 38.51 billion current US$ -19.5%
2001 36.16 billion current US$ -6.1%
2002 41.98 billion current US$ +16.1%
2003 53.94 billion current US$ +28.5%
2004 72.00 billion current US$ +33.5%
2005 98.75 billion current US$ +37.1%
2006 164.88 billion current US$ +67.0%
2007 233.33 billion current US$ +41.5%
2008 319.42 billion current US$ +36.9%
2009 256.43 billion current US$ -19.7%
2010 348.86 billion current US$ +36.0%
2011 461.56 billion current US$ +32.3%
2012 489.06 billion current US$ +6.0%
2013 465.88 billion current US$ -4.7%
2014 453.53 billion current US$ -2.7%
2015 383.49 billion current US$ -15.4%
2016 348.23 billion current US$ -9.2%
2017 435.14 billion current US$ +25.0%
2018 506.26 billion current US$ +16.3%
2019 479.72 billion current US$ -5.2%
2020 367.96 billion current US$ -23.3%
2021 569.86 billion current US$ +54.9%
2022 731.84 billion current US$ +28.4%
2023 666.53 billion current US$ -8.9%

Averages by decade

DecadeAverage LowestHighest 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

  1. 5 Japan 785.51 billion current US$ compare
  2. 6 France 783.36 billion current US$ compare
  3. 7 United Kingdom of Great Britain and Northern Ireland 721.75 billion current US$ compare
  4. 9 Hong Kong, China 655.42 billion current US$ compare
  5. 10 Republic of Korea 640.41 billion current US$ compare
  6. 11 Italy 634.52 billion current US$ compare

See the full ranking of 253 places →

More private sector data for India

All data for India →

Frequently asked questions

What is merchandise imports by the reporting economy (current us$), gaps in India?
Merchandise imports by the reporting economy (current us$), gaps in India was 666.53 billion current US$ in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in India?
The highest recorded value was 731.84 billion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in India?
The lowest recorded value was 1.73 billion current US$ in 1969.
How does India rank for merchandise imports by the reporting economy (current us$), gaps?
India ranks 8th out of 206 countries with data for 2023.
Is merchandise imports by the reporting economy (current us$), gaps 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 Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy (current US$), gaps in India. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us-gaps-filled/india/

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<a href="https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us-gaps-filled/india/">Merchandise imports by the reporting economy (current US$), gaps in India</a> — Statizoid

How this figure is calculated

Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Merchandise imports by the reporting economy (current US$), gaps filled
Unit
current US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,570 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.