Goods imports (BoP; US dollar) in India

The Goods imports (BoP; US dollar) in India was last reported at 323435448109.98 in 2010, according to a World Bank report released in 2011. The Goods imports (BoP; US dollar) in India was 247883313719.26 in 2009, according to a World Bank report, published in 2010. The Goods imports (BoP; US dollar) in India was reported at 291740328014.86 in 2008, according to the World Bank. Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Goods imports (BoP; US dollar) in India. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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