Year over year, that total dollar cost in 2025 results from a 6.9% upturn from $702.8 billion in 2024.
Based on the average exchange rate for 2025 on a Purchasing Power Parity basis, the Indian rupee depreciated by -4.1% from 2024 to 2025. India’s weaker local currency makes India’s imports paid for in stronger US dollars in 2025 relatively more expensive when converted starting from Indian rupees.
India’s Main International Suppliers
The latest available country-specific data shows that 64.7% of products imported into India was furnished by providers in: mainland China (16.6% of the Indian total), United Arab Emirates (8.9%), Russia (7.9%), United States of America (6.6%), Saudi Arabia (4.1%), Iraq (3.6%), Hong Kong (3.19%), Singapore (3.15%), South Korea (2.81%), Japan (2.78%), Indonesia (2.67%) and Germany (2.5%).
From a continental perspective, three-fifths (60.4%) of India’s total imports by value in 2025 was furnished by exporters located in fellow Asian countries. Trade partners in Europe supplied 20.4% of import purchased by India while 7.3% worth originated from North America.
Another 5.8% came from exporters in Africa.
Smaller percentages track back to suppliers in Latin America (4%) excluding Mexico but including the Caribbean, and Oceania (2%) led by Australia, Papua New Guinea and New Zealand.
Given India’s population of 1.455 billion people, the economic powerhouse’s total US$751.3 billion spent on 2025 imports translates to roughly $515 in yearly product demand from every person living in the vast South Asian country. That dollar metric exceeds the average $490 per capita for 2024.
India’s Top 10 Imports
The following product groups represent the highest dollar value in India’s import purchases during 2025. Also shown is the percentage share each product category represents in terms of overall imports into India.
- Mineral fuels including oil: US$209 billion (27.8% of total imports)
- Electrical machinery, equipment: $100.6 billion (13.4%)
- Gems, precious metals: $93.9 billion (12.5%)
- Machinery including computers: $70.7 billion (9.4%)
- Organic chemicals: $25.7 billion (3.4%)
- Plastics, plastic articles: $22 billion (2.9%)
- Animal/vegetable fats, oils, waxes: $18.8 billion (2.5%)
- Iron, steel: $16.5 billion (2.2%)
- Inorganic chemicals: $15.2 billion (2%)
- Optical, technical, medical apparatus: $14.8 billion (2%)
India’s top 10 import product categories accounted for almost four-fifths (78.2%) of the overall value of its product purchases from other countries.
Imported inorganic chemicals recorded the biggest percentage increase in spending among India’s top 10 import categories, up by 56.3% from 2024 to 2025.
In second place were Indian electrical machinery and equipment (up 18.4%).
Another product category to post a significant gain was for purchases of machinery including computers, up 14.7% from 2024.
Incurring the severest year-over-year reductions were for India’s imports of iron and steel (down -6.9% from 2024).
Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level.
For a more detailed view of imported goods at the four-digit HTS code level, see the sections below.
India’s Imports of Mineral Fuels and Related Products
In 2025, Indian importers spent the most on the following 10 subcategories of mineral fuels-related products.
- Crude oil: US$138.9 billion (down -3.1% from 2024)
- Petroleum gases: $27.5 billion (down -8.7%)
- Coal, solid fuels made from coal: $26.8 billion (down -16.2%)
- Processed petroleum oils: $9.8 billion (up 15.1%)
- Petroleum oil residues: $3.4 billion (up 6.4%)
- Coal tar oils (high temperature distillation): $1.2 billion (down -15.8%)
- Coke, semi-coke: $999.2 million (down -38.7%)
- Electrical energy: $180.7 million (2024 data unavailable)
- Petroleum jelly, mineral waxes: $158.8 million (down -9.1%)
- Tar pitch, coke: $20.4 million (up 9%)
Among these import subcategories, Indian purchases of processed petroleum oils (up 15.1%), tar pitch or coke (up 9%) then petroleum oil residues (up 6.4%) grew at the fastest pace from 2024 to 2025.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imports related to mineral fuels among Indian businesses and consumers.
India’s Imports of Electrical Products
In 2025, Indian importers spent the most on the following 10 subcategories of electrical items including consumer electronics.
- Phone devices including smartphones: $21.8 billion (up 23.5%)
- Solar power diodes/semi-conductors: $6.1 billion (down -3.5%)
- Flat panel displays: $5.6 billion (up 27.1%)
- Electric storage batteries: $4.9 billion (up 39.1%)
- Electrical converters/power units: $4 billion (up 13.5%)
- Lower-voltage switches, fuses: $3.4 billion (up 23.3%)
- TV receiver/transmit/digital cameras: $2.1 billion (up 0.1%)
- Microphones/headphones/amps: $1.8 billion (up 1.8%)
- Electric motors, generators: $1.8 billion (up 22.3%)
Among these import subcategories, Indian purchases of electric storage batteries (up 39.1%), flat panel displays (up 27.1%) then phone devices including smartphones (up 23.5%) grew at the fastest pace from 2024 to 2025.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Indian businesses and consumers.
India’s Imports of Gems and Precious Metals
In 2025, Indian importers spent the most on the following 10 subcategories of gems and precious metals.
- Gold (unwrought): US$58.9 billion (up 13.7% from 2024)
- Diamonds (unmounted/unset): $16.8 billion (down -5.3%)
- Silver (unwrought): $9.2 billion (up 59.5%)
- Jewelry: $3.6 billion (up 7.8%)
- Platinum (unwrought): $3.2 billion (up 17.4%)
- Synthetic precious stones: $1.1 billion (down -3.1%)
- Precious/semi-precious stones (unstrung): $797.3 million (up 11.4%)
- Other precious metal items: $115.8 million (up 162.8%)
- Precious metal waste, scrap: $70.8 million (up 193.3%)
- Goldsmith/silversmith wares: $46.2 million (up 520.0%)
Among these import subcategories, Indian purchases of goldsmith or silversmith wares (up 520%), precious metal waste and scrap (up 193.3%) then miscellaneous precious metal items (up 162.8%) grew at the fastest pace from 2024 to 2025.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported gems and precious metals among Indian businesses and consumers.
India’s Imports of Machinery Including Computers
In 2025, Indian importers spent the most on the following 10 subcategories of machinery including computers.
- Computers, optical readers: US$12.5 billion (up 17.8% from 2024)
- Turbo-jets: $4.3 billion (up 24.2%)
- Miscellaneous machinery: $3.8 billion (up 15.7%)
- Computer parts, accessories: $3.6 billion (up 25.7%)
- Air or vacuum pumps: $3.1 billion (up 15.4%)
- Taps, valves, similar appliances: $2.4 billion (up 9.3%)
- Transmission shafts, gears, clutches: $2.3 billion (up 16.7%)
- Printing machinery: $2 billion (up 4.8%)
- Machinery parts: $1.94 billion (up 8.8%)
- Rubber/plastic article making machines: $1.91 billion (up 13.1%)
Among these import subcategories, Indian purchases of computer parts and accessories (up 25.7%), turbo-jets (up 24.2%) then computers or optical readers (up 17.8%) grew at the fastest pace from 2024 to 2025.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Indian businesses and consumers.
See also India’s Top 10 Exports, India’s Top Trading Partners, Top Indian Trade Balances and India’s Top 10 Major Export Companies
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on April 12, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 12, 2026
International Trade Centre, Trade Map. Accessed on April 12, 2026
X-rates.com, Exchange Rates: Indian Rupee to US Dollar (monthly average 2025). Accessed on April 12, 2026