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India Import Data

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India Import Data

India is a large, multifaceted nation in South Asia that borders Bangladesh, Myanmar, China, Nepal, Bhutan, and Pakistan. India is positioned strategically along international trade routes, bordered to the west by the Arabian Sea and to the east by the Bay of Bengal. India's capital, New Delhi, is a significant hub for international commerce, trade policy, and administration. India is predicted to rank among the top five economies in the world by 2024, with a GDP of USD 3.94 trillion. As per the India import data, India is the fourth-largest importer in the world, based on global import data. According to the most recent data available, China is India's top exporter. In 2024, India is expected to import products valued at around USD 895 billion.

Crude petroleum continues to rank first among all imported goods, highlighting the nation's energy requirements and industrial development. As per India customs data, India is a vital hub for industry and services as well as a significant consumer market, contributing significantly to the global economy. The nation imports large amounts of energy, electronics, machinery, chemicals, and raw materials due to its fast-expanding population and industrial demand. India's import operations have been substantially strengthened in recent years by ongoing infrastructural improvements, advantageous trade agreements, and computerized customs procedures.

India is a major player in the international commerce environment, ranking fourth in the world in terms of imports.

3.45%

The most recent trade study estimates that India accounts for around 3.45% of all imports worldwide.

China

Presently, China is the largest exporter to India, offering a variety of products such as chemicals, electronics, and machinery.

Crude Petroleum

Because of India's large energy demand and refining capabilities, crude petroleum is the most imported commodity.

Top 10 Import Products of India

According to the India shipments data, India’s top ten imports in 2024 reflect its industrial, consumer, and infrastructure needs. The import basket is heavily influenced by the energy sector, electronics, and raw materials:

Crude Petroleum (HS Code 2709): 21.73% (USD 194.5 billion)
Gold (HS Code 7108): 6.81% (USD 60.9 billion)
Coal and Briquettes (HS Code 2701): 5.12% (USD 45.8 billion)
Natural Gas (HS Code 2711): 4.76% (USD 42.6 billion)
Diamonds (HS Code 7102): 4.32% (USD 38.7 billion)
Electronic Integrated Circuits (HS Code 8542): 3.89% (USD 34.8 billion)
Palm Oil (HS Code 1511): 3.14% (USD 28.1 billion)
Telecom Equipment (HS Code 8517): 2.81% (USD 25.2 billion)
Machinery and Parts (HS Code 8471): 2.47% (USD 22.1 billion)
Fertilizers (HS Code 3105): 2.04% (USD 18.2 billion)

Top 10 Import Trading Partners of India

As per India customs import data, India imports goods from major economies and resource-rich nations throughout the globe. The top ten exporters from India in 2024 are as follows:

China: 15.81% (USD 141.5 billion)
United States: 7.63% (USD 68.3 billion)
United Arab Emirates: 6.47% (USD 57.9 billion)
Saudi Arabia: 6.12% (USD 54.8 billion)
Russia: 5.89% (USD 52.7 billion)
Iraq: 5.24% (USD 46.9 billion)
Switzerland: 4.91% (USD 43.9 billion)
South Korea: 3.73% (USD 33.4 billion)
Singapore: 3.12% (USD 27.9 billion)
Indonesia: 2.79% (USD 24.9 billion)

What Details Contain In India Import Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for India. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of import operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Indian market. The data contains all required fields:

Importer Name
Importer Address
Exporter Name
Exporter Address
Shipping Bill Number
Shipping Bill Date
Declaration Number
HS Code
Product Description
FOB Value
CIF Value
Manufacturing Country
Destination Country
Net Weight
Gross Weight
Quantity
Unit
Currency & Incoterms
Mode of Transportation
Port of Loading
Port of Unloading
Email
Contact

Benefits of India Import data in your business

Use this information to investigate the global market: Learn important information about the Indian import market and find international vendors.
Business Decision: Make well-informed choices supported by correct, up-to-date facts..
Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

According to India Import Data, the country imported goods worth USD 895 billion in 2024, ranking 4th globally. India’s trade is fueled by strong demand for energy, electronics, and raw materials across its growing economy.

As per India Trade Data, Crude Petroleum (HS Code 2709) remains the top import in 2024, valued at USD 194.5 billion. This reflects India's vast energy needs and its focus on refining and industrial development.

India Import Data covers detailed India Customs Data, including importer/exporter names, HS codes, FOB & CIF values, shipment details, transportation modes, and product specifications, vital for business intelligence.

China is the largest exporter to India, contributing over USD 141.5 billion worth of goods in 2024. According to India Import Export Data, imports include electronics, chemicals, and machinery.

Import Globals is a leading India Import Data provider offering verified India Import Export Data. It helps businesses identify trade trends, track competitors, and make data-driven sourcing decisions.

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