Gronds imported in india
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Mumbai fruits and vegetables
Mumbai fruits, vegetables
India imported US$480 billion worth of goods from around the globe in 2019, up by 22.8% since 2015 but down by -5.7% from 2018 to 2019.
Based on the average exchange rate for 2019, the Indian rupee depreciated by -9.8% against the US dollar since 2015 and declined by -3% from 2018 to 2019. The weaker Indian rupee makes India’s imports paid for in stronger US dollars in 2019 relatively more expensive when converted starting from Indian rupees.
From a continental perspective, 60.9% of India’s total imports by value in 2019 were purchased from fellow Asian countries. European trade partners supplied 15.9% of import purchased by India while 9.2% worth originated from North America with another 8.1% coming from exporters in Africa. Smaller percentages arrived in India from Latin America (3.4%) excluding Mexico but including the Caribbean, and Oceania (2.3%) led by Australia.
Given India’s population of 1.352 billion people, its total $480 billion spent on 2019 imports translates to roughly $360 in yearly product demand from every person living in the vast South Asian country.
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