2022
Exports
$879MWorld Rnk 1 / 196
Flag Rnk 97 / 1212
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$186MWorld Rnk 8 / 214
Flag Rnk 326 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $879M in Essential Oils, making it the 1st largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 97th most exported product in India. The main destination of Essential Oils exports from India are: United States ($268M), China ($99.9M), France ($57.1M), Germany ($45.1M), and Indonesia ($33.6M).

The fastest growing export markets for Essential Oils of India between 2021 and 2022 were United States ($44.4M), Hong Kong ($26.8M), and Indonesia ($5.28M).

Imports In 2022, India imported $186M in Essential Oils, becoming the 8th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 326th most imported product in India. India imports Essential Oils primarily from: Indonesia ($36.3M), United States ($20.5M), Brazil ($16.3M), Sri Lanka ($15.3M), and Madagascar ($14.7M).

The fastest growing import markets in Essential Oils for India between 2021 and 2022 were United States ($4.63M), France ($2.54M), and Sri Lanka ($2.37M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (3), Cinmar (2), and Fred Meyer (1) were at the forefront of shipping Essential Oils from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Essential Oils. 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)$879M
IMPORTS (2022)$186M
NET TRADE (2022)$693M

In 2022, India exported $879M in Essential Oils. The main destinations of India exports on Essential Oils were United States ($268M), China ($99.9M), France ($57.1M), Germany ($45.1M), and Indonesia ($33.6M).

In 2022, India imported $186M in Essential Oils, mainly from Indonesia ($36.3M), United States ($20.5M), Brazil ($16.3M), Sri Lanka ($15.3M), and Madagascar ($14.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$44.4M (19.8%)
Hong Kong$26.8M (1.74k%)
Indonesia$5.28M (18.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY India WERE (2021 - 2022):
China-$27.4M (-21.5%)
Mexico-$5.22M (-22.1%)
Egypt-$4.2M (-49.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Essential Oils were:
In 2022, India's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $50.9M
TOP IMPORT POTENTIALChina+ $12.6M

Essential Oils’s highest export potential is China. With an export gap of $50.9M.   Essential Oils’s highest import potential is China with an import gap of $12.6M.

See methodology.

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