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Exports In 2022, India exported $35M in Acetic acid, making it the 12th largest exporter of Acetic acid in the world. At the same year, Acetic acid was the 1224th most exported product in India. The main destination of Acetic acid exports from India are: Belgium ($5.61M), Turkey ($5.44M), Bangladesh ($4.79M), United States ($4.35M), and United Arab Emirates ($3.6M).

The fastest growing export markets for Acetic acid of India between 2021 and 2022 were Turkey ($5.44M), United Arab Emirates ($2.63M), and United States ($2.34M).

Imports In 2022, India imported $682M in Acetic acid, becoming the 1st largest importer of Acetic acid in the world. At the same year, Acetic acid was the 106th most imported product in India. India imports Acetic acid primarily from: China ($320M), Malaysia ($187M), Singapore ($123M), Chinese Taipei ($30.3M), and Saudi Arabia ($10.1M).

The fastest growing import markets in Acetic acid for India between 2021 and 2022 were Iran ($3.43M), Oman ($807k), and Netherlands ($178k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Acetic acid from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Acetic acid. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35M
IMPORTS (2022)$682M
NET TRADE (2022)-$647M

In 2022, India exported $35M in Acetic acid. The main destinations of India exports on Acetic acid were Belgium ($5.61M), Turkey ($5.44M), Bangladesh ($4.79M), United States ($4.35M), and United Arab Emirates ($3.6M).

In 2022, India imported $682M in Acetic acid, mainly from China ($320M), Malaysia ($187M), Singapore ($123M), Chinese Taipei ($30.3M), and Saudi Arabia ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acetic acid EXPORT MARKETS FOR India WERE (2021 - 2022):
Turkey$5.44M (163k%)
United States$2.34M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acetic acid BY India WERE (2021 - 2022):
Spain-$2.27M (-67.1%)
Germany-$1.38M (-49.4%)
Egypt-$533k (-42.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Acetic acid were:
In 2022, India's main importing competitors in Acetic acid were:

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Trade Value of Acetic acid by Exporters

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