Merchandise imports from low- and middle-income economies in South in India

India: Merchandise imports from low- and middle-income economies in South was 0.8% in 2023. ◆ Volatile

Latest (2023)
0.8%
Change on year
up 6.5%
World rank
175th
of 205 countries
All-time high
2.9%
in 1965
All-time low
0.4%
in 1989
Years of data
64
1960–2023

Merchandise imports from low- and middle-income economies in South in India, 1960–2023

0.511.522.53196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

In 2023, merchandise imports from low- and middle-income economies in south in India stood at 0.8%.

That represents a change of up 6.5% on the previous year and up 43.7% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in south in India peaked at 2.9% in 1965 and was at its lowest, 0.4%, in 1989.

That places India 175th out of 205 countries with data for 2023, putting it in the bottom quarter.

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

Merchandise imports from low- and middle-income economies in South in India, year by year

Annual values for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in India, 1960 to 2023.
Year % of total merchandise imports Change
1960 2.4%
1961 1.9% -21.4%
1962 2.9% +55.8%
1963 2.1% -26.2%
1964 2.1% -1.7%
1965 2.9% +38.6%
1966 1.2% -59.1%
1967 1.6% +32.4%
1968 1.6% +4.6%
1969 2.3% +39.5%
1970 1.6% -28.9%
1971 1.2% -28.9%
1972 1.7% +43.2%
1973 2.0% +18.1%
1974 1.2% -36.8%
1975 1.4% +10.6%
1976 1.7% +26.8%
1977 1.3% -26.2%
1978 1.1% -12.7%
1979 1.1% -5.5%
1980 1.2% +12.5%
1981 1.5% +29.5%
1982 1.0% -35.2%
1983 0.9% -13.3%
1984 0.9% +9.2%
1985 0.9% -4.8%
1986 0.7% -23.3%
1987 0.7% +4.1%
1988 0.7% -1.5%
1989 0.4% -42.2%
1990 0.5% +33.6%
1991 0.7% +25.0%
1992 0.9% +36.8%
1993 0.5% -44.1%
1994 0.5% +3.7%
1995 0.7% +23.1%
1996 0.6% -12.2%
1997 0.6% +2.1%
1998 1.0% +70.8%
1999 0.9% -10.8%
2000 1.2% +34.6%
2001 1.6% +30.9%
2002 1.3% -19.4%
2003 1.2% -5.1%
2004 1.2% +0.3%
2005 1.3% +7.3%
2006 0.9% -32.1%
2007 0.8% -6.6%
2008 0.6% -25.4%
2009 0.6% -4.9%
2010 0.6% -0.5%
2011 0.6% -6.9%
2012 0.6% +0.6%
2013 0.5% -4.6%
2014 0.6% +11.8%
2015 0.8% +33.5%
2016 0.8% -1.1%
2017 0.6% -25.5%
2018 0.8% +30.9%
2019 0.8% +0.8%
2020 0.8% +8.6%
2021 0.9% +5.6%
2022 0.7% -18.9%
2023 0.8% +6.5%

India compared with similar countries

  • India's 0.8% is below the median for lower middle income countries, which is 2.7%, 28% of the median. (47 countries reporting)
  • India's 0.8% is below the median for South Asia, which is 21.1%, 4% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.1% 1.2% 2.9% 10
1970s 1.4% 1.1% 2.0% 10
1980s 0.9% 0.4% 1.5% 10
1990s 0.7% 0.5% 1.0% 10
2000s 1.1% 0.6% 1.6% 10
2010s 0.7% 0.5% 0.8% 10
2020s 0.8% 0.7% 0.9% 4

Countries ranked near India

  1. 172 Iceland 0.8% compare
  2. 173 Lesotho 0.8% compare
  3. 174 Belarus 0.8% compare
  4. 176 Grenada 0.7% compare
  5. 177 Finland 0.7% compare
  6. 178 Hungary 0.6% compare

See the full ranking of 252 places →

More private sector data for India

All data for India →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in south in India?
Merchandise imports from low- and middle-income economies in south in India was 0.8% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in south recorded in India?
The highest recorded value was 2.9% in 1965.
What is the lowest merchandise imports from low- and middle-income economies in south recorded in India?
The lowest recorded value was 0.4% in 1989.
How does India rank for merchandise imports from low- and middle-income economies in south?
India ranks 175th out of 205 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in south rising or falling in India?
Over the last ten years it is up 43.7%. 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 from low- and middle-income economies in South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in South in India. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-south-asia-percent-of-total/india/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 12,943 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region 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.