Largest market shown
Oils: petroleum oils and oils obtained from bituminous minerals, crude
$130.1B of latest reported imports and $73.0B of calculated three-year opportunity.
Importer opportunity guide
India import opportunities
where to source next
Explore India's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$655.6B2024 reported value
Import CAGR+5.6%Three-year reported change
GDP$3.9TLatest reported value
GDP per capita$2.7KLatest reported value
Trade openness24.9%Reported share of GDP
India import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$655.6B in imports
India recorded $655.6B in imports in 2024, with a three-year change of +5.6%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
India imports products from suppliers across major trade regions. The current profile reports $655.6B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude | $130.1BLatest imports | +13.8% | 36 | 2143 | RUSDeclining | $191.7B |
| 2 | HS 710812Metals: gold, non-monetary, unwrought (but not powder) | $53.8BLatest imports | +21.1% | 46 | 2162 | CHEDeclining | $95.5B |
| 3 | HS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $10.9BLatest imports | +18.2% | 75 | 6880 | CHNDeclining | $18.0B |
| 4 | HS 271111Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $14.1BLatest imports | +70.5% | 16 | 3247 | QATStable | $27.5B |
| 5 | HS 270112Coal: bituminous, whether or not pulverised, but not agglomerated | $14.9BLatest imports | +12.2% | 14 | 4112 | AUSDeclining | $21.0B |
| 6 | HS 270119Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated | $11.7BLatest imports | +19.2% | 23 | 4182 | IDNDeclining | $19.9B |
| 7 | HS 851712Telephones for cellular networks or for other wireless networks | $7.3BLatest imports | +20.9% | 66 | 6730 | CHNDeclining | $12.9B |
| 8 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $5.5BLatest imports | +16.6% | 71 | 8867 | CHNDeclining | $8.7B |
| 9 | HS 710231Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set | $11.1BLatest imports | +9.1% | 32 | 3237 | AREDeclining | $14.5B |
| 10 | HS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $10.8BLatest imports | +15.4% | 87 | 2493 | CHNDeclining | $16.6B |
| 11 | HS 854140Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $4.5BLatest imports | +21.6% | 63 | 6126 | CHNDeclining | $8.0B |
| 12 | HS 151110Vegetable oils: palm oil and its fractions, crude, not chemically modified | $5.7BLatest imports | +23.0% | 10 | 3662 | IDNDeclining | $10.6B |
| 13 | HS 710239Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set | $5.1BLatest imports | +15.2% | 43 | 3988 | INDDeclining | $7.7B |
| 14 | HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $2.7BLatest imports | +30.2% | 56 | 7147 | CHNDeclining | $5.3B |
| 15 | HS 150710Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified | $3.9BLatest imports | +17.0% | 21 | 5004 | ARGDeclining | $6.3B |
| 16 | HS 271112Petroleum gases and other gaseous hydrocarbons: liquefied, propane | $5.7BLatest imports | +24.3% | 20 | 2504 | AREDeclining | $11.0B |
| 17 | HS 852990Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $3.2BLatest imports | +11.0% | 77 | 7519 | CHNDeclining | $4.4B |
| 18 | HS 880240Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg | $10.4BLatest imports | +17.0% | 23 | 1585 | FRADeclining | $16.7B |
| 19 | HS 854232Electronic integrated circuits: memories | $4.0BLatest imports | +16.7% | 57 | 4035 | CHNDeclining | $6.4B |
| 20 | HS 854239Electronic integrated circuits: n.e.c. in heading no. 8542 | $5.6BLatest imports | +13.4% | 75 | 2645 | CHNDeclining | $8.2B |
| 21 | HS 151211Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified | $3.0BLatest imports | +15.6% | 18 | 4285 | RUSDeclining | $4.7B |
| 22 | HS 260300Copper ores and concentrates | $3.6BLatest imports | +26.0% | 20 | 2329 | CHLDeclining | $7.1B |
| 23 | HS 271113Petroleum gases and other gaseous hydrocarbons: liquefied, butanes | $5.4BLatest imports | +14.4% | 19 | 2455 | QATDeclining | $8.0B |
| 24 | HS 740311Copper: refined, unwrought, cathodes and sections of cathodes | $2.3BLatest imports | +9.4% | 18 | 5911 | JPNDeclining | $3.0B |
| 25 | HS 711011Metals: platinum, unwrought or in powder form | $1.6BLatest imports | +31.8% | 20 | 4974 | AREDeclining | $3.2B |
| 26 | HS 271019Product description unavailable | $6.0BLatest imports | +4.8% | 99 | 1512 | RUSDeclining | $6.9B |
| 27 | HS 170114Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $1.5BLatest imports | +10.4% | 12 | 9976 | BRADeclining | $2.0B |
| 28 | HS 710813Metals: gold, semi-manufactured | $2.1BLatest imports | +17.1% | 22 | 4007 | ZAFGrowing | $3.4B |
| 29 | HS 850440Electrical static converters | $2.0BLatest imports | +14.8% | 93 | 4064 | CHNDeclining | $3.0B |
| 30 | HS 151190Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $1.9BLatest imports | +5.1% | 19 | 6959 | IDNDeclining | $2.2B |
| 31 | HS 710691Metals: silver, unwrought, (but not powder) | $3.4BLatest imports | +9.9% | 26 | 2899 | AREDeclining | $4.5B |
| 32 | HS 841112Turbo-jets: of a thrust exceeding 25kN | $2.4BLatest imports | +13.3% | 26 | 3002 | USAStable | $3.5B |
| 33 | HS 284390Inorganic or organic compounds: of precious metals (excluding gold and silver), whether or not chemically defined, amalgams of precious metals | $892.9MLatest imports | +28.1% | 26 | 9157 | JPNDeclining | $1.7B |
| 34 | HS 721891Steel, stainless: semi-finished products, of rectangular (other than square) cross-section | $799.2MLatest imports | +24.5% | 9 | 9977 | IDNDeclining | $1.5B |
| 35 | HS 271311Petroleum coke: (not calcined), obtained from bituminous minerals | $1.5BLatest imports | +29.2% | 18 | 3099 | USAGrowing | $2.9B |
| 36 | HS 711319Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $2.7BLatest imports | +21.4% | 64 | 1953 | IDNDeclining | $4.9B |
| 37 | HS 710692Metals: silver, semi-manufactured | $2.0BLatest imports | +17.6% | 36 | 2480 | CHNDeclining | $3.3B |
| 38 | HS 390410Vinyl chloride, other halogenated olefin polymers: poly(vinyl chloride), not mixed with any other substances, in primary forms | $2.4BLatest imports | +15.2% | 52 | 2147 | CHNDeclining | $3.7B |
| 39 | HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $3.5BLatest imports | +16.4% | 102 | 1075 | CHNDeclining | $5.5B |
| 40 | HS 847330Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $1.8BLatest imports | +8.1% | 76 | 3531 | CHNDeclining | $2.3B |
| 41 | HS 853400Circuits: printed | $1.4BLatest imports | +14.5% | 66 | 4402 | CHNDeclining | $2.0B |
| 42 | HS 310530Fertilizers, mineral or chemical: diammonium hydrogenorthophosphate (diammonium phosphate) | $2.7BLatest imports | +7.7% | 11 | 2929 | SAUDeclining | $3.4B |
| 43 | HS 740200Copper: unrefined, copper anodes for electrolytic refining | $1.2BLatest imports | +27.3% | 23 | 3755 | ZMBAccelerating | $2.4B |
| 44 | HS 080211Nuts, edible: almonds, fresh or dried, in shell | $965.0MLatest imports | +12.4% | 7 | 8450 | USADeclining | $1.4B |
| 45 | HS 284330Gold compounds | $877.8MLatest imports | +31.0% | 18 | 5525 | JPNDeclining | $1.7B |
| 46 | HS 760200Aluminium: waste and scrap | $3.4BLatest imports | +17.8% | 138 | 893 | USADeclining | $5.5B |
| 47 | HS 711019Metals: platinum, semi-manufactured | $782.0MLatest imports | +23.2% | 23 | 5941 | ARESlowing | $1.5B |
| 48 | HS 870840Vehicles: parts, gear boxes | $1.5BLatest imports | +19.0% | 59 | 2396 | JPNDeclining | $2.5B |
| 49 | HS 847989Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions | $1.7BLatest imports | +8.6% | 86 | 2725 | CHNDeclining | $2.2B |
| 50 | HS 260200Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight | $982.3MLatest imports | +26.8% | 23 | 4632 | ZAFDeclining | $1.9B |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| Mineral fuelsHS2 27 | 7 | $183.3B | $119.4B | +26.2% |
| Electrical equipmentHS2 85 | 11 | $55.9B | $57.2B | +17.6% |
| Precious stones and metalsHS2 71 | 9 | $82.7B | $56.1B | +18.5% |
| Animal and vegetable fatsHS2 15 | 4 | $14.6B | $13.3B | +15.2% |
| MachineryHS2 84 | 4 | $11.6B | $12.4B | +11.6% |
| AircraftHS2 88 | 1 | $10.4B | $3.6B | +17.0% |
| Ores, slag and ashHS2 26 | 2 | $4.6B | $3.6B | +26.4% |
| CopperHS2 74 | 2 | $3.5B | $3.5B | +18.4% |
| Inorganic chemicalsHS2 28 | 2 | $1.8B | $2.9B | +29.6% |
| HS2 sector 00HS2 00 | 1 | $6.0B | $2.1B | +4.8% |
| Sugars and sugar confectioneryHS2 17 | 1 | $1.5B | $2.0B | +10.4% |
| Iron and steelHS2 72 | 1 | $799.2M | $1.5B | +24.5% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 721891Steel, stainless: semi-finished products, of rectangular (other than square) cross-section | $799.2M | 9 | 9977 | IDN | 99.9% |
| HS 170114Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $1.5B | 12 | 9976 | BRA | 99.9% |
| HS 284390Inorganic or organic compounds: of precious metals (excluding gold and silver), whether or not chemically defined, amalgams of precious metals | $892.9M | 26 | 9157 | JPN | 95.7% |
| HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $5.5B | 71 | 8867 | CHN | 94.1% |
| HS 080211Nuts, edible: almonds, fresh or dried, in shell | $965.0M | 7 | 8450 | USA | 91.6% |
| HS 852990Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $3.2B | 77 | 7519 | CHN | 86.6% |
| HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $2.7B | 56 | 7147 | CHN | 84.2% |
| HS 151190Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $1.9B | 19 | 6959 | IDN | 82.2% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
RUS
Russia
3 screened products
$77.8BCalculated opportunity across these rowsCHN
China
16 screened products
$70.8BCalculated opportunity across these rowsCHE
Switzerland, Liechtenstein
1 screened products
$33.8BCalculated opportunity across these rowsIDN
Indonesia
5 screened products
$20.9BCalculated opportunity across these rowsQAT
Qatar
2 screened products
$17.3BCalculated opportunity across these rowsARE
United Arab Emirates
5 screened products
$16.9BCalculated opportunity across these rowsAUS
Australia
1 screened products
$12.0BCalculated opportunity across these rowsJPN
Japan
4 screened products
$6.3BCalculated opportunity across these rowsFrequently asked questions
Using the India import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in India's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for India.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.