Imports of goods and services, Volume, Cost insurance freight (CIF) in India
India: Imports of goods and services, Volume, Cost insurance freight (CIF) was 5.35 in 2031. ◆ Volatile
Imports of goods and services, Volume, Cost insurance freight (CIF) in India, 1980–2031
Source: International Monetary Fund.
Analysis
India recorded 5.35 for imports of goods and services, volume, cost insurance freight (cif) in 2031.
The figure is down 6.1% on the previous year and down 72.1% over ten years.
Over the whole period, imports of goods and services, volume, cost insurance freight (cif) in India peaked at 35.84 in 2004 and was at its lowest, -18.19, in 1991.
India ranks 4th of 26 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services, Volume, Cost insurance freight (CIF) in India, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 13.35 | — |
| 1981 | 10.34 | -22.6% |
| 1982 | 7.44 | -28.1% |
| 1983 | 4.57 | -38.6% |
| 1984 | 0.0938 | -97.9% |
| 1985 | 7.48 | +7882.7% |
| 1986 | 3.41 | -54.4% |
| 1987 | 2.06 | -39.7% |
| 1988 | 10.74 | +421.7% |
| 1989 | 1.9 | -82.3% |
| 1990 | 5.64 | +196.6% |
| 1991 | -18.19 | -422.7% |
| 1992 | 26.22 | -244.1% |
| 1993 | 0.8193 | -96.9% |
| 1994 | 27.35 | +3238.4% |
| 1995 | 17.51 | -36.0% |
| 1996 | 6.86 | -60.8% |
| 1997 | 13.88 | +102.4% |
| 1998 | 4.6 | -66.8% |
| 1999 | 6.55 | +42.3% |
| 2000 | 2.19 | -66.6% |
| 2001 | -0.893 | -140.8% |
| 2002 | 12.44 | -1493.3% |
| 2003 | 8.52 | -31.5% |
| 2004 | 35.84 | +320.4% |
| 2005 | 16.65 | -53.6% |
| 2006 | 11.5 | -30.9% |
| 2007 | 18.8 | +63.5% |
| 2008 | 3.69 | -80.4% |
| 2009 | 7.15 | +93.7% |
| 2010 | 15.54 | +117.2% |
| 2011 | 10.31 | -33.7% |
| 2012 | 1.64 | -84.1% |
| 2013 | -3.43 | -309.5% |
| 2014 | 6.36 | -285.3% |
| 2015 | 1.52 | -76.0% |
| 2016 | 4.38 | +187.8% |
| 2017 | 13.16 | +200.2% |
| 2018 | 3.88 | -70.5% |
| 2019 | -3.72 | -196.0% |
| 2020 | -13.76 | +269.6% |
| 2021 | 19.15 | -239.1% |
| 2022 | 10.1 | -47.3% |
| 2023 | -1.03 | -110.2% |
| 2024 | 5.32 | -616.1% |
| 2025 | 4.58 | -13.9% |
| 2026 | 2.32 | -49.4% |
| 2027 | 4.56 | +96.7% |
| 2028 | 4.78 | +4.9% |
| 2029 | 5.16 | +7.9% |
| 2030 | 5.7 | +10.3% |
| 2031 | 5.35 | -6.1% |
India compared with similar countries
- India's 5.35 is above the median for lower middle income countries, which is 5.24, 1.0× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services, Volume, Cost insurance freight (CIF) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +7882.7% | 0.0938 | 7.48 |
| 1994 | +3238.4% | 0.8193 | 27.35 |
| 2002 | +1493.3% | -0.893 | 12.44 |
| 2024 | +616.1% | -1.03 | 5.32 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.14 | 0.0938 | 13.35 | 10 |
| 1990s | 9.12 | -18.19 | 27.35 | 10 |
| 2000s | 11.59 | -0.893 | 35.84 | 10 |
| 2010s | 4.96 | -3.72 | 15.54 | 10 |
| 2020s | 4.12 | -13.76 | 19.15 | 10 |
| 2030s | 5.52 | 5.35 | 5.7 | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services, volume, cost insurance freight (cif) in India?
- Imports of goods and services, volume, cost insurance freight (cif) in India was 5.35 in 2031, according to International Monetary Fund.
- What is the highest imports of goods and services, volume, cost insurance freight (cif) recorded in India?
- The highest recorded value was 35.84 in 2004.
- What is the lowest imports of goods and services, volume, cost insurance freight (cif) recorded in India?
- The lowest recorded value was -18.19 in 1991.
- How does India rank for imports of goods and services, volume, cost insurance freight (cif)?
- India ranks 4th out of 26 countries with data for 2031.
- Is imports of goods and services, volume, cost insurance freight (cif) rising or falling in India?
- Over the last ten years it is down 72.1%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.