2023
Exports
$24.4BWorld Rnk 6 / 215
Flag Rnk 6 / 96
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$27.3BWorld Rnk 5 / 225
Flag Rnk 5 / 96
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $24.4B in Organic chemicals, making it the 6th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 6th most exported product in India. The main destination of Organic chemicals exports from India are: United States ($3.63B), Brazil ($1.61B), Germany ($1.51B), China ($1.37B), and Slovenia ($1.28B).

The fastest growing export markets for Organic chemicals of India between 2022 and 2023 were Slovenia ($1.1B), Germany ($279M), and Singapore ($147M).

Imports In 2023, India imported $27.3B in Organic chemicals, becoming the 5th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 5th most imported product in India. India imports Organic chemicals primarily from: China ($12.8B), United States ($1.7B), Kuwait ($1.48B), Saudi Arabia ($1.41B), and South Korea ($1.24B).

The fastest growing import markets in Organic chemicals for India between 2022 and 2023 were Kuwait ($640M), Oman ($198M), and Germany ($175M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (541), IKEA Group (385), and DuPont (236) were at the forefront of shipping Organic chemicals 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 Organic chemicals. 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)$24.4B
IMPORTS (2023)$27.3B
NET TRADE (2023)-$2.88B

In 2023, India exported $24.4B in Organic chemicals. The main destinations of India exports on Organic chemicals were United States ($3.63B), Brazil ($1.61B), Germany ($1.51B), China ($1.37B), and Slovenia ($1.28B).

In 2023, India imported $27.3B in Organic chemicals, mainly from China ($12.8B), United States ($1.7B), Kuwait ($1.48B), Saudi Arabia ($1.41B), and South Korea ($1.24B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR India WERE (2022 - 2023):
Slovenia$1.1B (621%)
Germany$279M (22.6%)
Singapore$147M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY India WERE (2022 - 2023):
United States-$917M (-20.2%)
China-$452M (-24.8%)
Brazil-$245M (-13.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Organic chemicals were:
In 2023, India's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.74B
TOP IMPORT POTENTIALChina+ $3.83B

Organic chemicals’s highest export potential is China. With an export gap of $1.74B.   Organic chemicals’s highest import potential is China with an import gap of $3.83B.

See methodology.

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