2022
Exports
$1.18BWorld Rnk 2 / 188
Flag Rnk 51 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$372MWorld Rnk 7 / 212
Flag Rnk 66 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.18B in Natural gums, resins & other vegetable extracts, making it the 2nd largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 51st most exported product in India. The main destination of Natural gums, resins & other vegetable extracts exports from India are: United States ($485M), Germany ($102M), Russia ($69.1M), China ($68.9M), and South Korea ($46.6M).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of India between 2021 and 2022 were United States ($63.7M), Germany ($33.5M), and China ($27.3M).

Imports In 2022, India imported $372M in Natural gums, resins & other vegetable extracts, becoming the 7th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 66th most imported product in India. India imports Natural gums, resins & other vegetable extracts primarily from: Afghanistan ($126M), China ($41M), Thailand ($28.3M), Indonesia ($27.7M), and Senegal ($20.7M).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for India between 2021 and 2022 were Afghanistan ($31.3M), Senegal ($18.6M), and Thailand ($17.4M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Natural gums, resins & other vegetable extracts from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Natural gums, resins & other vegetable extracts. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18B
IMPORTS (2022)$372M
NET TRADE (2022)$810M

In 2022, India exported $1.18B in Natural gums, resins & other vegetable extracts. The main destinations of India exports on Natural gums, resins & other vegetable extracts were United States ($485M), Germany ($102M), Russia ($69.1M), China ($68.9M), and South Korea ($46.6M).

In 2022, India imported $372M in Natural gums, resins & other vegetable extracts, mainly from Afghanistan ($126M), China ($41M), Thailand ($28.3M), Indonesia ($27.7M), and Senegal ($20.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$63.7M (15.1%)
Germany$33.5M (48.9%)
China$27.3M (65.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY India WERE (2021 - 2022):
Russia-$12.6M (-15.4%)
Austria-$3.71M (-91.5%)
Bangladesh-$2.39M (-17.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, India's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
Spain $920M
In 2022, India's main importing competitors in Natural gums, resins & other vegetable extracts were:

Explore Visualizations

Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $69.5M
TOP IMPORT POTENTIALChina+ $34.6M

Natural gums, resins & other vegetable extracts’s highest export potential is China. With an export gap of $69.5M.   Natural gums, resins & other vegetable extracts’s highest import potential is China with an import gap of $34.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with