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Import Bill
The import bill is the value of all goods a country imports over a period, usually a year. For India, crude oil, gold and electronics make up a large share of it.
Why It Matters
Every rise in global oil prices adds billions to India’s import bill.
In India
India spent about $175 billion on crude oil and petroleum products in the year to March 2026, its largest single import.
See it in the news
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