India’s imports in March 2026 declined to USD 59.90 billion, easing from USD 63.71 billion recorded in February 2026, according to the latest data updated on 15 April 2026.
The moderation in March follows a strong showing in February, when imports had climbed to 63.71 billion dollars. While the new figure still reflects a high level of external demand and ongoing reliance on foreign goods and services, the pullback suggests a slight cooling in import activity toward the end of the first quarter.
The shift from February’s peak to March’s lower level will be closely watched by market participants and policymakers assessing India’s trade dynamics and the potential impact on the country’s trade balance in the months ahead.
