2022
Exports
$314MWorld Rnk 7 / 95
Flag Rnk 223 / 1212
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$719MWorld Rnk 1 / 178
Flag Rnk 138 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $314M in Nitrile Compounds, making it the 7th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 223rd most exported product in India. The main destination of Nitrile Compounds exports from India are: Brazil ($77.3M), United States ($69.1M), Germany ($14M), United Arab Emirates ($12.6M), and Turkey ($9.39M).

The fastest growing export markets for Nitrile Compounds of India between 2021 and 2022 were United States ($22.2M), Brazil ($9.66M), and Germany ($9.31M).

Imports In 2022, India imported $719M in Nitrile Compounds, becoming the 1st largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 138th most imported product in India. India imports Nitrile Compounds primarily from: China ($447M), Chinese Taipei ($93.3M), South Korea ($66.6M), United States ($21.6M), and Netherlands ($16.5M).

The fastest growing import markets in Nitrile Compounds for India between 2021 and 2022 were Chinese Taipei ($48.7M), Latvia ($7.48M), and Sweden ($4.99M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (10) and ASOS (1) were at the forefront of shipping Nitrile Compounds 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 Nitrile Compounds. 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)$314M
IMPORTS (2022)$719M
NET TRADE (2022)-$405M

In 2022, India exported $314M in Nitrile Compounds. The main destinations of India exports on Nitrile Compounds were Brazil ($77.3M), United States ($69.1M), Germany ($14M), United Arab Emirates ($12.6M), and Turkey ($9.39M).

In 2022, India imported $719M in Nitrile Compounds, mainly from China ($447M), Chinese Taipei ($93.3M), South Korea ($66.6M), United States ($21.6M), and Netherlands ($16.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$22.2M (47.4%)
Brazil$9.66M (14.3%)
Germany$9.31M (199%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY India WERE (2021 - 2022):
Turkey-$6.22M (-39.8%)
Belgium-$5.72M (-43.1%)
Ireland-$5.2M (-68.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Nitrile Compounds were:
In 2022, India's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13M
TOP IMPORT POTENTIALChina+ $58M

Nitrile Compounds’s highest export potential is China. With an export gap of $13M.   Nitrile Compounds’s highest import potential is China with an import gap of $58M.

See methodology.

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