2023
Exports
$657MWorld Rnk 2 / 194
Flag Rnk 130 / 1212
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$284MWorld Rnk 7 / 217
Flag Rnk 262 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $657M in Essential Oils, making it the 2nd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 130th most exported product in India. The main destination of Essential Oils exports from India are: United States ($181M), China ($63.3M), Germany ($42.5M), France ($39.9M), and Indonesia ($24.7M).

The fastest growing export markets for Essential Oils of India between 2022 and 2023 were China ($6.55M), Malaysia ($3.88M), and South Korea ($2.43M).

Imports In 2023, India imported $284M in Essential Oils, becoming the 7th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 262nd most imported product in India. India imports Essential Oils primarily from: France ($60.7M), Indonesia ($42M), United States ($35.5M), Turkey ($20.1M), and United Arab Emirates ($18.2M).

The fastest growing import markets in Essential Oils for India between 2022 and 2023 were France ($50.4M), Turkey ($19.4M), and United Arab Emirates ($17.5M).

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

Dec 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 (2023)$657M
IMPORTS (2023)$284M
NET TRADE (2023)$373M

In 2023, India exported $657M in Essential Oils. The main destinations of India exports on Essential Oils were United States ($181M), China ($63.3M), Germany ($42.5M), France ($39.9M), and Indonesia ($24.7M).

In 2023, India imported $284M in Essential Oils, mainly from France ($60.7M), Indonesia ($42M), United States ($35.5M), Turkey ($20.1M), and United Arab Emirates ($18.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR India WERE (2022 - 2023):
China$6.55M (11.5%)
Malaysia$3.88M (59.4%)
South Korea$2.43M (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY India WERE (2022 - 2023):
United States-$37.6M (-17.2%)
Hong Kong-$27.3M (-97.6%)
France-$18M (-31%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Essential Oils were:
In 2023, 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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