24Peaks / Asia / India / Imports - Trade Value (US$ Thousand)

India - Imports - Trade Value (US$ Thousand) 672.14M

World Bank WITS · updated 2026-10-03 · 167 economies tracked

Latest value

672.14M (2023)

Global rank

##6 of 167 economies

Share of global total

3.7%

Growth since 1988

34.73×

Ranking Race — Imports - Trade Value (US$ Thousand)

1 = global #1 · higher value ranks higher

#1#4#7#10#13#16#19#2219881993199820032008201320182023#7#62018 overtook Italy2022 overtook United Kingdom
IndiaUnited StatesGermanyUnited KingdomFrance

Real annual global ranks, 1988 - 2023. India climbed from #7 to #6 (overtook Italy). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2018
Overtook Italy in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2022
Overtook United Kingdom in global rank auto

Imports - Trade Value (US$ Thousand), 1988-2023

World Bank WITS · US$ thousand · linear scale · ranking in the race above
1988199820082018202319.35M257.09M494.83M732.57M

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