India Imports

Country: India, INR
Importance:
Low
Sector: Trade
Last release
Actual
$73.41 B
Forecast
$66.13 B
Previous
$71.94 B
Next release
Actual
Coming in 26 days
Forecast
$66.83 B
Previous
$73.41 B
Date (GMT)
Reference
Actual
Forecast
Jan 2013
$45.65 B
Dec 2012
$42.55 B

India's Imports reflect the US dollar value of imported goods. The dollar calculation of the export value provides for a proper comparison of India's exports with other countries and a correct evaluation of trade statistics.

A buyer in import transactions is forced to purchase foreign currency in order to pay for the goods, so the growth of imports may have a negative effect on Indian rupee quotes. Conversely, lower than expected import readings can be seen as positive for the INR quotes.