Merchandise imports from high-income economies in India
India: Merchandise imports from high-income economies was 61.4% in 2023. ▼ Falling
Merchandise imports from high-income economies in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
India recorded 61.4% for merchandise imports from high-income economies in 2023.
That represents a change of up 4.3% on the previous year and up 4.8% over ten years.
Over the whole period, merchandise imports from high-income economies in India peaked at 88.4% in 1961 and was at its lowest, 53.4%, in 2017.
That places India 95th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise imports from high-income economies in India, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 85.5% | — |
| 1961 | 88.4% | +3.5% |
| 1962 | 85.3% | -3.6% |
| 1963 | 88.0% | +3.2% |
| 1964 | 88.3% | +0.4% |
| 1965 | 87.4% | -1.0% |
| 1966 | 85.7% | -1.9% |
| 1967 | 88.1% | +2.8% |
| 1968 | 85.4% | -3.0% |
| 1969 | 79.7% | -6.7% |
| 1970 | 78.8% | -1.2% |
| 1971 | 80.1% | +1.7% |
| 1972 | 78.5% | -2.0% |
| 1973 | 77.9% | -0.7% |
| 1974 | 70.8% | -9.1% |
| 1975 | 79.7% | +12.5% |
| 1976 | 76.9% | -3.5% |
| 1977 | 68.4% | -11.0% |
| 1978 | 71.3% | +4.2% |
| 1979 | 73.2% | +2.7% |
| 1980 | 68.7% | -6.2% |
| 1981 | 69.7% | +1.5% |
| 1982 | 77.2% | +10.7% |
| 1983 | 76.7% | -0.6% |
| 1984 | 76.5% | -0.3% |
| 1985 | 78.0% | +2.1% |
| 1986 | 83.1% | +6.5% |
| 1987 | 81.8% | -1.6% |
| 1988 | 82.4% | +0.7% |
| 1989 | 85.2% | +3.4% |
| 1990 | 82.8% | -2.8% |
| 1991 | 81.1% | -2.1% |
| 1992 | 79.0% | -2.6% |
| 1993 | 81.9% | +3.6% |
| 1994 | 79.7% | -2.7% |
| 1995 | 81.0% | +1.7% |
| 1996 | 79.4% | -2.0% |
| 1997 | 79.6% | +0.3% |
| 1998 | 76.6% | -3.7% |
| 1999 | 71.1% | -7.3% |
| 2000 | 74.4% | +4.7% |
| 2001 | 74.0% | -0.5% |
| 2002 | 72.3% | -2.4% |
| 2003 | 73.2% | +1.3% |
| 2004 | 73.1% | -0.1% |
| 2005 | 72.4% | -0.9% |
| 2006 | 64.6% | -10.8% |
| 2007 | 63.3% | -2.0% |
| 2008 | 62.5% | -1.4% |
| 2009 | 61.5% | -1.5% |
| 2010 | 61.7% | +0.3% |
| 2011 | 61.1% | -0.9% |
| 2012 | 59.7% | -2.3% |
| 2013 | 58.6% | -1.8% |
| 2014 | 55.5% | -5.4% |
| 2015 | 54.6% | -1.5% |
| 2016 | 53.9% | -1.3% |
| 2017 | 53.4% | -0.9% |
| 2018 | 54.4% | +1.9% |
| 2019 | 57.1% | +4.9% |
| 2020 | 56.7% | -0.6% |
| 2021 | 57.8% | +2.0% |
| 2022 | 58.9% | +1.9% |
| 2023 | 61.4% | +4.3% |
India compared with similar countries
- India's 61.4% is above the median for lower middle income countries, which is 43.4%, 1.4× the median. (47 countries reporting)
- India's 61.4% is above the median for South Asia, which is 39.5%, 1.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 86.2% | 79.7% | 88.4% | 10 |
| 1970s | 75.5% | 68.4% | 80.1% | 10 |
| 1980s | 77.9% | 68.7% | 85.2% | 10 |
| 1990s | 79.2% | 71.1% | 82.8% | 10 |
| 2000s | 69.1% | 61.5% | 74.4% | 10 |
| 2010s | 57.0% | 53.4% | 61.7% | 10 |
| 2020s | 58.7% | 56.7% | 61.4% | 4 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from high-income economies in India?
- Merchandise imports from high-income economies in India was 61.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in India?
- The highest recorded value was 88.4% in 1961.
- What is the lowest merchandise imports from high-income economies recorded in India?
- The lowest recorded value was 53.4% in 2017.
- How does India rank for merchandise imports from high-income economies?
- India ranks 95th out of 206 countries with data for 2023.
- Is merchandise imports from high-income economies rising or falling in India?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.