Get the updated list of Importers from India
Importers from India US$480 billion worth of goods from around the globe in 2019, up by 22.8% since 2015 but down by -5.7% from 2018 to 2019.
Based on the average exchange rate for 2019, the Indian rupee depreciated by -9.8% against the US dollar since 2015 and declined by -3% from 2018 to 2019. The weaker Indian rupee makes Importers from paid for in stronger US dollars in 2019 relatively more expensive when converted starting from Indian rupees.
From a continental perspective, 60.9% of India’s total imports by value in 2019 were purchased from fellow Asian countries. European trade partners supplied 15.9% of import purchased by India while 9.2% worth originated from North America with another 8.1% coming from exporters in Africa. Smaller percentages arrived in Importers from from Latin America (3.4%) excluding Mexico but including the Caribbean, and Oceania (2.3%) led by Australia.
Given India’s population of 1.352 billion people, its total $480 billion spent on 2019 Importers from translates to roughly $360 in yearly product demand from every person living in the vast South Asian country.
top 10 Importers from India accounted for about four-fifths (79.4%) of the overall value of its product purchases from other countries.
Imported fertilizers posted the fastest increase in value among Importers from categories, up 23.3% from 2018 to 2019. The other top category to gain was machinery including computers via a 1.6% improvement.
Leading the decliners were organic Chemicals Supplies Directory (down -9.3%), mineral fuels including oil (also down -9.3%) then gems and precious metals (down -7.8%).