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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Imports fell to 70.84B in June 2026
FMPMonthlyReleased July 2026
India Imports fell to 70.84B in June 2026, released July 2026, down 2.57B from May's 73.41B reading. The reading matched the 70B consensus. Year-over-year, the indicator is up 16.92B. Over the past 3 months, Imports averaged 70.62B, vs 66.69B in the prior 3-month window. The reading is in the 74th percentile of the trailing 24-month range.
Latest Release
70.84
Actual
70
Consensus
73.41
Previous
Median Absolute Error
±4.98 billion
across last 12 releases
Last Call
Nov 2025
Predicted: 70.67
Actual: 76.06
Error: -5.39
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.49 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.42 | CRYPTO | Moves against | → View |
| Hang Seng | ▼ Inverse | −0.29 | INDEX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.27 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Imports (India) was reported at 70.84 billion in July 2026. The reading fell from the previous value of 73.41 billion. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 68.01 billion, ranging from 61.59 billion to 76.06 billion across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 72.06 billion, up from the prior three at 66.17 billion. Volatility over the past year (σ 4.75 billion) is comparable than the prior year (σ 5.11 billion). In July readings over the past 3 years, Imports has averaged 60.31 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 4.98 billion.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Interest Rate Decision (Aug 5) and Inflation Rate YoY (Aug 12).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Imports - IN
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About Imports — India
DEFINITION
Imports refer to the goods and services that a country purchases from other countries. This financial indicator is used to measure the amount of foreign goods and services that are brought into a country, and is an important factor in determining a country's trade balance and overall economic health. High levels of imports can indicate a strong demand for foreign products, while low levels may suggest a weaker economy or a focus on domestic production. Tracking imports can provide valuable insights into a country's trade relationships and global economic trends.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 70.84 B. Prior reading (Jun 2026): 70.84 B. Before that (May 2026): 73.41 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.49) — a useful reference for index-focused traders.
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EXPECTED ZONE
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