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2022
Exports $156MWorld Rnk 2 / 99
Flag Rnk 350 / 1212
2022
Destination $837k China
2021 - 2022
FASTEST GROWING MARKET $837kUnited States
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $136kWorld Rnk 52 / 185
Flag Rnk 1166 / 1206
2022
Origin $105k Germany
2021 - 2022
FASTEST GROWING ORIGIN $105kGermany
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $156M in Ground Nut Oil, making it the 2nd largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 350th most exported product in India. The main destination of Ground Nut Oil exports from India are: China ($149M), United States ($1.94M), Vietnam ($932k), Singapore ($900k), and United Arab Emirates ($583k).

The fastest growing export markets for Ground Nut Oil of India between 2021 and 2022 were United States ($837k), South Africa ($259k), and Vietnam ($163k).

Imports In 2022, India imported $136k in Ground Nut Oil, becoming the 52nd largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1166th most imported product in India. India imports Ground Nut Oil primarily from: Germany ($111k), United States ($18.7k), United Arab Emirates ($6.22k), Switzerland ($96), and Belgium ($87).

The fastest growing import markets in Ground Nut Oil for India between 2021 and 2022 were Germany ($105k), United Arab Emirates ($6.21k), and Switzerland ($96).

COMPANIES In 2023, leading companies such as TE Connectivity (2) were at the forefront of shipping Ground Nut Oil from India to the United States.

Latest Trends

Sep 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 Ground Nut Oil. 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)$156M
IMPORTS (2022)$136k
NET TRADE (2022)$156M

In 2022, India exported $156M in Ground Nut Oil. The main destinations of India exports on Ground Nut Oil were China ($149M), United States ($1.94M), Vietnam ($932k), Singapore ($900k), and United Arab Emirates ($583k).

In 2022, India imported $136k in Ground Nut Oil, mainly from Germany ($111k), United States ($18.7k), United Arab Emirates ($6.22k), Switzerland ($96), and Belgium ($87).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$837k (75.7%)
South Africa$259k (562%)
Vietnam$163k (21.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY India WERE (2021 - 2022):
China-$72.2M (-32.6%)
Italy-$1.38M (-100%)
Hong Kong-$436k (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Ground Nut Oil were:
Brazil $277M
Argentina $128M
In 2022, India's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.9M
TOP IMPORT POTENTIALUnited States+ $20k

Ground Nut Oil’s highest export potential is China. With an export gap of $15.9M.   Ground Nut Oil’s highest import potential is United States with an import gap of $20k.

See methodology.

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