Imports of India

17 Feb 2019 | 1 min read | Dasarathan Sampath

The below bar chart shows the details of import values in USD & INR for each years.

x-axis variable Year
Y-axis variable Import value in USD millions / INR lacs
The values above each bar indicates the %growth ((Current value - Previous value)/Previous values)
The line across the bar chart is Smoothed conditional means
Year - End of financial year - Example the year 1998 represents the financial year of 1997-98

For the year 2003 to 2013 the average INR value growth calculates to 24.7% & the average USD growth calculates to 23.5%.

The smoothed conditional mean line of INR shows a steady growth from 2013 to 2019 but for the same, USD shows a complete stagnation.

USD & INR value growth are completely opposite for some of the years and this is basically driven by fluctuations in USD & INR exchange rate.

As per the USD chart, We have reached close to 500K $million in 2011 and we are still fluctuating around it.