Top 10 import products in India. Indias Major Import Items. What does India Import from Global Countries? India’s Top 10 Imports
India imported US$368 billion worth of goods from around the globe in 2020, up by 3.2% since 2016 but down by -23.2% from 2019 to 2020.
Based on the average exchange rate for 2020 on a Purchasing Power Parity basis, the Indian rupee dropped by -7.3% against the US dollar since 2016 and depreciated by -0.3% from 2019 to 2020. India’s weaker local currency makes India’s imports paid for in stronger US dollars in 2020 relatively more expensive when converted starting from Indian rupees.
From a continental perspective, 62% of India’s total imports by value in 2020 were purchased from fellow Asian countries. European trade partners supplied 15.9% of imports purchased by India while 8.8% worth originated from North America with another 7.5% coming from exporters in Africa. Smaller percentages arrived in India from Latin America (3.7%) excluding Mexico but including the Caribbean, and Oceania (2.1%) led by Australia.
Topics that I Covered in this video,
1) imports of india from other countries
2) indias major import items
3) भारत आखिर दुनिया के देशों से क्या क्या खरीदता हैं
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7) major imports of india from china
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11) what products india import from other countries
12) what india imports from pakistan
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15) india's foreign trade policy in hindi
16) india imports oil from which countries
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18) bharat ki aayat niryat niti
19) india me sabse jyada kya import hota hai
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