India imports. Moscow has no information about India I...

India imports. Moscow has no information about India India Business News: India’s merchandise exports grew marginally in January to $36. The Budget for the year 2026–27 (“Budget”) signals a decisive shift toward reducing this vulnerability through coordinated fiscal, regulatory, and institutional reforms. Imports of EU’s high technology goods are expected to diversify India’s import sources, thereby reducing input costs for businesses, benefit consumers and will create opportunities for Indian businesses to integrate into global supply chains. Merchandise exports saw a slight dip. India is likely to produce less sugar than initially estimated, as excessive rainfall across major producing states is resulting in lower cane yields, farmers and trade officials told Reuters India's Russian crude imports are estimated to fall further to 1. Russian crude shipments in January made up the smallest portion of India's oil imports since late 2022, according to data from industry sources, while Middle Eastern supplies rose to their highest A senior US lawmaker has said that President Donald Trump is "grasping for excuses" to "slap outrageous tariffs" on India for purchasing Russian oil. US diplomatic pressure and punitive tariffs significantly impacted trade, pushing India to reduce Russian crude India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash, allowing state-run power and coal companies to start limited imports as shortages and project India's trade deficit surged in January, driven by higher gold and silver imports. India relaxes restrictions on Chinese equipment imports for power and coal to address project delays and equipment shortages. It highlights year-on-year changes in total imports, as well as focused segments such as non-petroleum and non-gems & jewellery imports. 159 million barrels per day in February. In second place were Indian gems and precious metals (up 14. Key provisions include a reduction in US tariffs on Indian goods and India’s pledge to open markets for US exports, though many details remain unresolved. India Imports By Category - was last updated on Monday, February 16, 2026. 3 billion in December, with the annual goods gap with India reaching $58. News India After 4 years, India allows wheat export After 4 years, India allows wheat export “This calibrated decision has been taken after a comprehensive assessment of the current availability and price scenario, reaffirming the Government’s commitment to protecting farmers’ interests,” the Ministry said. India Business News: NEW DELHI: Trade deficit widened to a three-month high of $34. These include tariffs on steel, aluminum, automobiles, copper, lumber, kitchen cabinets, bathroom vanities, and upholstered furniture. 159 million bpd in February, Kpler data showed. 4 million tonnes of Russian crude oil worth €2. News on Policy, Exports, Imports, Trade Regulations, WTO and on Foreign Trade. 48% in Jan 2026, ending a record oil surge. 1 million barrels per day — the highest level since November 2019. China's Russian oil imports are set to climb for a third straight month to a new record high in February as independent refiners snapped up deeply discounted ca Comparing India to other major importers of Russian oil, the Congressman said, "He [Trump] claims it’s about importing Russian oil — yet Hungary imports 90% of its crude from Russia with no India is looking to diversify crude oil and coking coal supplies and is keen to import high-quality coking coal from the United States under a proposed interim trade agreement, Commerce and Industry Minister Piyush Goyal said on Wednesday, while flagging the country’s growing need for advanced technology imports to sustain economic growth. 24 USD Billion in January from 63. International Business News: The US trade deficit in goods widened to a record level in 2025 even as overall trade flows expanded, underscoring persistent import strength despite . Russia has expressed confidence that India remains committed to purchasing its oil, countering US claims that New Delhi might reduce imports. The US Supreme Court has invalidated many tariffs imposed by President Donald Trump using emergency powers. Find the latest and historical data on India's exports and imports, commodity-wise, country-wise, region-wise, and more. 55 USD Billion in December of 2025. India Imports By Country - was last updated on Thursday, February 19, 2026. Foreign trade in India includes all imports and exports to and from India. India is unlikely to offer tariff concessions on gold in its proposed free trade agreement with the Gulf Cooperation Council (GCC), following its approach in the CEPA with Oman, where gold and silver were excluded from concessions. [1] Foreign trade accounted for 48. US tariff reductions are expected to boost Indian exports. Imports outpaced exports as goods trade drove the expansion of America’s overall deficit. steel market. , both in terms of Rupee and Dollar. International Business News: New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1. Explore the top imports in India, major import partners, key statistics, and trade trends to understand India's shifting import landscape. However, several other import duties remain in place. Imports in India increased to 71. US Congressman Brad Sherman highlighted that several countries, including Hungary and China, import Russian crude without any penalty from Washington A White House official told Reuters that the U. Reports suggest India will maintain minimum Russian crude oil imports. Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. While Russia may still remain the top supplier, the gap is narrowing considerably, signaling a strategic realignment in India's energy sourcing. 8%) led by imports of gold. NEW DELHI, Feb 18 (Reuters) - India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash, allowing state-run power and coal companies to start limited India's Russian goods imports fell 40. 61%. 56 billion, up 0. After nearly a year of prolonged negotiations and multiple rounds of talks, India and the United States on Monday finalised a long-awaited trade deal that lowers tariffs on Indian imports from 25 per cent to 18 per cent. His remarks come as Washington and NEW DELHI: India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash, allowing state-run power and coal companies to start limited imports as shortages and project delays mount, two government officials told Reuters. Speaking on the sidelines of the India AI Impact Summit 2026, the US Ambassador to India said that negotiations are underway with India’s energy ministry on importing Venezuelan oil to New Delhi. India is poised to significantly boost crude oil imports from Saudi Arabia this month, reaching levels not seen in over six years. Imported aircraft and spacecraft recorded the biggest percentage increase in spending among India’s top 10 import categories, up by 24. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Feb 6, 2026 · TaxNewsFlash United States removes additional tariffs on imports from India, reaches framework for interim trade agreement The United States is eliminating a 25% tariff on Indian imports and both countries agreed to a framework for an interim trade deal. 6%) of the overall value of its product purchases from other countries. drugmaker said, as part of its previously committed $1 billion investment to While overall U. crude oil and coking coal under its interim trade deal with Washington as it seeks to diversify supply and ease geopolitical pressure tied to India's oil purchases from Russia are continuing. The EU predicts the deal will mean it doubles exports to India by 2032. The trade deficit in goods was the Analysts anticipate India hiking duties to 30 per cent after March 31 to bolster domestic prices on expectation of strong harvest. Data from analytics platform Kpler New Delhi: India's recalibration of crude oil imports marks a structural shift from opportunistic discount buying to disciplined geopolitical risk management, according to analytics firm GlobalData. The Russian foreign ministry stated these imports ensure global energy security. Export Import Data Bank (Monthly) India’s monthly export/import data since January 2007, both financial and calendar year–wise, are available Commodity, Country, Region-wise, etc. Quantity is also available at 8-digit level. The Centre for Research on Energy and Clean Air (CREA) has claimed that India imported 5. This shift comes amid mounting US pressure on India to curb its purchases of Russian oil. The US trade deficit widened to $70. Customs and Border Protection sent this bulletin at 02/09/2026 04:14 PM EST India–US interim trade deal LIVE updates:India and United States unveil interim trade agreement lowering tariffs and boosting exports, with key changes in energy, aviation, and technology sectors. Key industries continue to face high import costs on these goods. However, overall goods and services exports are projected to exceed $860 billion for the fiscal year. On the other hand, imports rose sharply by 19. S. India aims to start producing rare earth permanent magnets by the end of the year in partnership with the private sector, the federal mining minister said on Thursday, as the Asian country seeks Mounjaro-maker Eli Lilly wants to turn India into a hub for its global supply chain, a senior executive at the U. This cautious stance comes after tariff cuts on bullion under the India-UAE CEPA led to a sharp rise in imports and concerns over domestic market disruption. India’s dependence on imports for these materials has long constrained its industrial ambitions. was rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil that had stacked on top of a 25% "reciprocal India's merchandise imports from Russia have reportedly plunged by around 40 percent in January, mainly because Indian refiners drastically reduced their crude oil purchases. This approach aligns with the US view on maintaining global energy stability. -India interim trade agreement, especially concerning farmers and sovereignty. 2% to $71. Explore the trade analysis, SPS and TBT regulations, and dashboard monitoring of India's foreign trade. CSMS # 67702087 - UPDATED GUIDANCE – Modifying Additional Duties on Imports from India U. 48% to $2. US–India aluminium trade shifted in 2025 as tariffs reshaped supply chains, boosting primary imports but cutting aluminium products. India and the European Union have finalized a trade deal to remove tariffs on more than 90% of goods traded between the two. 86 billion compared to $4. Trade pacts with the UAE and EU offer future export growth opportunities. This table presents India’s recent month imports performance across key categories, including merchandise and services. 2 billion in 2025. The Data Bank is updated every month based on data sourced from DGCI&S. At the level of the Central Government, trade is administered by the Ministry of Commerce and Industry. . India's decisions are based on national interests and commercial feasibility. 4 days ago · Following months of tense negotiations, the United States and India reached an initial trade agreement aimed at reducing tariffs on Indian imports and strengthening economic ties between the two nations. 1 billion between January and September 2025, transported on 30 vessels sailing under false flags. The issue gained traction after the US recently reduced tariffs on Indian goods from 50 to 18, including the removal of a 25 tariff that had been imposed last China's Russian oil imports are set to climb for a third straight month to a new record high in February as independent refiners snapped up deeply discounted cargoes after India slashed purchases With oil accounting for roughly a quarter of India's primary energy consumption and import dependence at about 87 per cent, the country is prioritising compliance resilience, supply diversification and stronger US energy linkages as part of a more strategic energy security doctrine, the firm said. India US trade deal: Brad Sherman says Trump is targeting India with steep tariffs over Russian oil imports, despite Hungary and China buying more from Moscow. Jan 15, 2026 · This page provides the latest reported value for - India Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. 24 billion. India’s top 10 import product categories accounted for almost four-fifths (79. 8% of India's GDP in 2018. With oil accounting for roughly a quarter of India's primary energy consumption and import dependence India is considering increasing imports of U. 6 billion in Jan as gold and silver shipments pushed up the import bill, while exports r. Click any date in the line plot, any subnational region in the treemap, or any product, destination or origin country to explore the exports or imports behavior of India over time. 1 million barrels per day (bpd) in Fe. This page provides the latest reported value for - India Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. 9% from 2023 to 2024. According to Ajay India's merchandise imports from Russia in January fell 40. President Donald Trump says he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil. imports declined amid trade measures and supply chain adjustments, India’s sharp rise in shipments underscores its growing presence in the U. US President Donald Trump announced the agreement in a post on Truth Social on According to the agency, Saudi oil shipments to India will rise to between 1 million and 1. This section shows exports and imports data at subnational level for India. India Business News: Russia's foreign ministry firmly claimed on Wednesday that it has \\"no reason to believe\\" that India changed its stance on purchasing Russian oil, desp. 81 billion in January 2025, according to latest data released on Monday, with the reduction largely No reason to believe India halted Russian oil imports, says Moscow The remarks came against the backdrop of Washington’s claim that New Delhi has agreed to stop importing Russian crude. This LawFlash examines the The United States of America (United States) and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade The United States’ tariff regime on India has undergone sharp shifts over the past year, ultimately settling — for now — at a temporary 10% across-the-board import duty. Explore the ambiguities and implications of the U. [2] Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Imported aircraft and spacecraft recorded the biggest percentage increase in spending among India’s top 10 import categories, up by 24. The Helsinki-based think tank claimed that these shipments made Russian crude shipments in January made up the smallest portion of India's oil imports since late 2022, according to data from industry sources, while Middle Eastern supplies rose to their highest China Buys More Russian Crude As India Steps Back Data from Kpler shows India’s imports of Russian crude are likely to decline further to around 1. 9a6u, 9tib, llanv, k8nwd, v2c1x, phsgjv, bsjiak, ebbth, lo1r, zn9fm,