2022
Exports
$3.77MWorld Rnk 28 / 158
Flag Rnk 983 / 1212
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$25.7MWorld Rnk 13 / 209
Flag Rnk 718 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $3.77M in Pastes and Waxes, making it the 28th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 983rd most exported product in India. The main destination of Pastes and Waxes exports from India are: United States ($1.06M), United Arab Emirates ($540k), Belgium ($259k), Turkey ($205k), and Singapore ($118k).

The fastest growing export markets for Pastes and Waxes of India between 2021 and 2022 were United Arab Emirates ($269k), Belgium ($130k), and Turkey ($66k).

Imports In 2022, India imported $25.7M in Pastes and Waxes, becoming the 13th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 718th most imported product in India. India imports Pastes and Waxes primarily from: China ($16M), Thailand ($2.97M), Italy ($2.69M), Germany ($1.66M), and United States ($839k).

The fastest growing import markets in Pastes and Waxes for India between 2021 and 2022 were China ($4.56M), Thailand ($1.25M), and Italy ($703k).

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 Pastes and Waxes. 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)$3.77M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$21.9M

In 2022, India exported $3.77M in Pastes and Waxes. The main destinations of India exports on Pastes and Waxes were United States ($1.06M), United Arab Emirates ($540k), Belgium ($259k), Turkey ($205k), and Singapore ($118k).

In 2022, India imported $25.7M in Pastes and Waxes, mainly from China ($16M), Thailand ($2.97M), Italy ($2.69M), Germany ($1.66M), and United States ($839k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR India WERE (2021 - 2022):
Belgium$130k (100%)
Turkey$66k (47.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY India WERE (2021 - 2022):
United States-$275k (-20.6%)
Canada-$181k (-78.9%)
Austria-$116k (-89.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Pastes and Waxes were:
In 2022, India's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $858k
TOP IMPORT POTENTIALChina+ $8.43M

Pastes and Waxes’s highest export potential is United States. With an export gap of $858k.   Pastes and Waxes’s highest import potential is China with an import gap of $8.43M.

See methodology.

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