India - Real Imports of Goods and Services





India: Real Imports of Goods and Services

Mnemonic IM$.IIND
Unit 10 Mil. FY 2012 INR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 8.93 %
Data 2023 Q4 1,048,303
2023 Q3 1,151,090

Series Information

Source Ministry of Statistics and Programme Implementation (MOSPI)
Release Gross Domestic Product
Frequency Quarterly
Start Date 6/30/1996
End Date 12/31/2023

India: Trade

Reference Last Previous Units Frequency
Balance of Goods Feb 2024 -18,709 -17,490 Millions of US Dollars, NSA Monthly
Exports of Goods Feb 2024 41,402 36,915 Millions of US Dollars, NSA Monthly
Imports of Goods Feb 2024 60,112 54,406 Millions of US Dollars, NSA Monthly
Exports of Goods and Services 2023 Q4 1,612,560 1,579,063 10 Mil. INR, NSA Quarterly
Imports of Goods and Services 2023 Q4 1,826,807 1,749,759 10 Mil. INR, NSA Quarterly
Net Exports 2023 Q4 -214,247 -170,696 10 Mil. INR, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 972,383 999,043 10 Mil. FY 2012 INR, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 1,048,303 1,151,090 10 Mil. FY 2012 INR, NSA Quarterly
Real Net Exports 2023 Q4 -75,920 -152,047 10 Mil. FY 2012 INR, NSA Quarterly
Current Account Balance 2023 Q3 -686.06 -754.91 Bil. INR, NSA Quarterly

Release Information

For India, the quarterly and annual national accounts, including: the detailed expenditure approach to GDP (use of GDP), gross value added (production approach), and compensation of employees (income approach).

Active:

  • National accounts framework: UN SNA 2008
  • Industry classification: NIC 2008
  • Measurements:
    • Ten million Indian rupees at constant fiscal year-2012 prices (10 Mil. FY 2012 INR)
    • At current prices (10 Mil. INR)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequencies:
    • Quarterly
    • Annual(March)
  • Start dates:
    • 2011Q2
    • 1951

Predecessors:

  • At FY 2005 prices, NIC 1998 - 1951 to 2014
  • At FY 2000 prices - 1996 to 2009

Valuation is by market prices, not factor cost.

India's fiscal year runs from April 1, YYYY to March 31, YYYY+1. For example, fiscal year 2020-2021 runs from April 1, 2020 to March 31, 2021. 

Moody's Analytics supplements

As of October 2019, we extend the history of the as-reported NSA series to 1996.

We compute counterparts that are seasonally adjusted at an annualized rate (SAAR).

The quartertly estimates are brought out with a timeliness of two months after the completion of a quarter. First and second quarter estimates are revised with the release of Second Advance Estimates. First, second and third release of 4th quarter estimates on 31st May. Thereafter, quarterly estimates for a financial year are revised based on revision of annual estimates each time these estimates are released for succeeding years. Apart from this regular revision calendar, the estimates are also revised in case of revision of base year of any of the indices used for compilation of these estimates. Most important indices used for compilation of GDP are Index of Industrial Production (IIP), Wholesale Price Index (WPI) and Consumer Price Indices.

For data reported by fiscal year that spans two calendar years, Data Buffet banks to the second calendar year. For example, India's data for "year 2018-19" is stored as 2019.

Further reading

At the source:

At IMF (SDDS):