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Merchandise Imports

External Sector · Reserve Bank of India (RBI) — rbi.org.in · data as of 2025-03-31

Latest value

  • Merchandise Imports: $720.2 Bn
  • As of: 2025-03-31

What it measures

The total value of goods India imported in a fiscal year (Total, Oil + Non-Oil), in US dollars.

How it is calculated

RBI compiles Total merchandise import value from customs/balance-of-payments data (source: DGCI&S) for each fiscal year (April–March).

Release and revisions

Published: Annual

Annual, fiscal-year figure published after fiscal year close

Revisions: Published annually for the fiscal year; provisional monthly DGCI&S data is reconciled and finalized by RBI in its annual series.

Source: Reserve Bank of India (RBI); underlying customs data from DGCI&S, Ministry of Commerce & Industry

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