Import Facts

Some facts regarding imports in India

 

IMPORTS – BASE FOR ECONOMY

Since last 3 Decades the overall International Trade has expanded about 3000% from 600 Million US $ to 250 Trillion , as of year 2012.

This quantum jump as indicated has been seen in different segment of products as well as market; From luxury goods to industrial raw material, capital goods, export processing and obligatory crude energy like petroleum, diesel, gas. From high society consumer segment to middle society to lower society consumer, as it leads to market demand which is complimentary to each other for all the economies and transformed the whole world into a global village.

Since last decade the market has become consumer oriented. Taste and behavior have totally changed, now consumerism has created the need of commodities with technological innovation in thousands of varieties. Hence,multinational brands felt the need to capture the global markets with full protection of their Products, Copyrights, Trademarks, and Patents.

 

Following is the percentages of commodities imported into India as a whole:-

Raw material & intermediate goods 50%
export related commodities 15%
manufactured goods 15%
capital goods 12%
food & agro goods 5%
other commodities 3%
Total 100%

 

More detailed facts and figures about Indian Imports are available with IICCI.

Please click on the links below for the same:

 

Sector-wise Foreign Direct Investment (FDI)

India’s Foreign Trade

Imports to India- Some General Information

Imports as share of Domestic Demand (%) click to view histogram

Direction of Foreign Trade

Imports of Principal Commodities

Top 30 Import Suppliers

Central Government Receipts – Major Components

Import performance of items on which QR were removed w.e.f. 31.3.2000

Recently freed list as announced on 31st march, 2000

Imports permitted against special import licence (SIL)

List of Items which are Canalised