Gold Import Data of India 2015 - A Statistical Data Report on Gold Imports of India

India’s 2^nd largest imports were pearls, precious stones, metals, coins and all other products that come under chapter 71 during financial year 2015-16. In this chapter, India imported gold the most in the said period. This trade information on India imports of gold has been revealed by Export Genius, the most trusted name in the market research industry. Access the complete trade report and gold import data of India right here.

Trade Value of India Gold Imports in 2015: USD 34999549000

Share in Value of Gold to India Imports of Chapter 71 in 2015: 8.96%

Largest Exporter Country of Gold to India in 2015: Switzerland (53.5%)

Highest Import Value of Gold Recorded in Year 2011: USD 53685534000

Year-wise Analysis of India Import Statistics of Gold

Now if we analyse the statistical data report of gold imports of last 5 years, we find that after 2011, India has been registering a continuous fall in the import value of gold. From 2011’s USD 53685534000, the import value of gold declined to USD 34999549000 in the year 2015. Let’s go through the gold import data of India of last 5 years through the chart given below.

Import Value 2011 (USD’000)	Import Value 2012 (USD’000)	Import Value 2013 (USD’000)	Import Value 2014 (USD’000)	Import Value 2015 (USD’000)
536,85,534	526,06,772	377,11,847	310,39,689	349,99,549

Top 5 Exporter Countries from which India Imported Gold in 2015

India imported gold products the most from Switzerland in the financial year 2015. The total trade value of the country stood at USD 18726859000 and the share in value at 53.5%. United Arab Emirates and Ghana was the 2^nd and 3^rd largest exporter country respectively from which India imported gold in 2015. If we look at the gold import data of India, all the 5 countries recorded a decline in the trade value of gold in this year, except Ghana and United States of America that saw an upward trend in the last 5 years. See the chart below to get India import statistics of gold in which you will find their share in value of gold of the last year.

Country	Switzerland	United Arab Emirates	Ghana	United States of America	South Africa
Share in Value of 2015	53.50%	10.80%	8.60%	7.30%	5%

List of Major Indian Importers of Gold

If you are new to the gold industry and run the business operations from Switzerland, United States of America or any other country and want to export gold in India, you need to find the potential Indian importers of gold. For this, you have to do some research work and find a reliable market research company from where you can get the India import data of gold along with the list of potential Indian importers of gold. Meanwhile, find the gold buyers list of India in the following table.

Serial Number	Name of Indian Importer of Gold
1.	The Bank Of Nova Scotia
2.	State Bank Of India
3.	Axis Bank Ltd.
4.	Aj Gold & Silver Refinery
5.	M D Overseas Ltd.
6.	Council Of Scientific & Inda. Research
7.	Aiswarya Jewel Crafts

Sample Data on Gold Imports of India

Part - I

Date	HS Code	Product Description	Unit	Quantity	Unit Value INR	Unit Value USD
1/1/2016	71081200	2000 PCS OF GOLD BARS EACH OF 100 GRM OF 999 PTY, BAR NOS AS PER P/L,CUSTOM DUTY AS PER NTF NO:150/2015 (N.T)	GMS	200000	2318.4	34.5
1/4/2016	71081200	1000 PCS OF GOLD BARS EACH OF 100 GRM OF 999 PTY BAR NOS ASPER P L CUSTOM DUTY AS PER NTF NO 150/2015 N T	GMS	100000	2318.4	34.5
1/4/2016	71081200	3000 PCS OF GOLD BARS EACH OF 100 GRM OF 9990 PTY, BAR NOS AS PER P/L,CUSTOM DUTY AS PER NTF NO:150/2015 (N.T)	GMS	300000	2318.4	34.5
1/4/2016	71081300	348520-0175-001 APERTURE 6 HOLE (FOR LABORATORY)	PCS	1	79634.22	1185.03
1/4/2016	71081300	348520-0084-001 40MU APERTURE (FOR LABORATORY)	PCS	1	4887.84	72.736
1/4/2016	71081300	000000-0302-460 DENKA CATHODE (FOR LABORATORY)	PCS	1	265522.6	3951.23
1/14/2016	71081300	1 KG GOLD BARS 26 NOS 0.995% PURITY	GMS	26000	2350.819	34.853

Part - II

Total Value INR	Total Value USD	Foreign Port	Indian Port	Mode	Month	Year
463680000	6900000	SWITZERLAND	Ahemdabad Air (INAMD4)	AIR	January	2016
231840000	3450000	SWITZERLAND	Ahemdabad Air (INAMD4)	AIR	January	2016
695520000	10350000	SWITZERLAND	Ahemdabad Air (INAMD4)	AIR	January	2016
79634.22	1185.033	GERMANY	Delhi Air (INDEL4)	AIR	January	2016
4887.84	72.736	GERMANY	Delhi Air (INDEL4)	AIR	January	2016
265522.6	3951.229	GERMANY	Delhi Air (INDEL4)	AIR	January	2016
61121301.4	906172	UNITED ARAB EMIRATES	Cochin Air (INCOK4)	AIR	January	2016

This statistical data report on India imports of gold has been prepared by the team of Export Genius. We have collected the gold import data of India 2015 from the Indian customs in order to provide the most accurate India import statistics of gold. If you need import export data of any country or product, you simply need to fill-up your requirements through Quick Enquiry Form which available on the top & right side of this post. For more information, visit at www.exportgenius.in.