Import value of a country is affected by various external & internal factors, but we have given this analytics, only based on the declared values in INR/USD and USD fluctuations.
Chart – I & II represents import values in INR & USD respectively.
Chart – III & IV represents growth in imports compared to previous year in INR & USD respectively.
Refer Chart – V in exports page for the historical USD exchange rate against INR, which is purely calculated from declared export value in INR & USD.
2013, 2014 INR graph shows a positive growth but less & USD graph shows a negative growth.
2003, 2007 INR graph shows a positive growth but less & USD graph shows a positive growth.
1998, 2008, 2018 INR graph shows a positive growth & USD graph shows a positive growth but less.
The above differences between INR & USD graph is basically driven by fluctuations in USD exchange. So it is best to interpolate the charts in USD.
We have reached close to 500K $million in 2011 and we are still fluctuating around it.