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2023
Exports $9.74MWorld Rnk 31 / 101
Flag Rnk 880 / 1212
2023
Destination $664k United States
2022 - 2023
FASTEST GROWING MARKET $664kSri Lanka
2023
PRODUCT COMPLEXITY IN Phosphoric Acid-0.67Rnk 754 / 1025
2023
Imports $2.44BWorld Rnk 1 / 190
Flag Rnk 39 / 1208
2023
Origin $97.7M Jordan
2022 - 2023
FASTEST GROWING ORIGIN $97.7MChina
2023
ECONOMIC COMPLEXITY of India0.65Rnk 39 / 132

About

Exports In 2023, India exported $9.74M in Phosphoric Acid, making it the 31st largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 880th most exported product in India. The main destination of Phosphoric Acid exports from India are: United States ($2.53M), South Korea ($1.6M), Sri Lanka ($988k), United Kingdom ($583k), and Spain ($482k).

The fastest growing export markets for Phosphoric Acid of India between 2022 and 2023 were Sri Lanka ($664k), United Kingdom ($583k), and Spain ($217k).

Imports In 2023, India imported $2.44B in Phosphoric Acid, becoming the 1st largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 39th most imported product in India. India imports Phosphoric Acid primarily from: Jordan ($674M), Morocco ($512M), Senegal ($489M), Tunisia ($214M), and China ($118M).

The fastest growing import markets in Phosphoric Acid for India between 2022 and 2023 were China ($97.7M), Indonesia ($36.1M), and Vietnam ($22.8M).

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 Phosphoric Acid. 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)$9.74M
IMPORTS (2023)$2.44B
NET TRADE (2023)-$2.43B

In 2023, India exported $9.74M in Phosphoric Acid. The main destinations of India exports on Phosphoric Acid were United States ($2.53M), South Korea ($1.6M), Sri Lanka ($988k), United Kingdom ($583k), and Spain ($482k).

In 2023, India imported $2.44B in Phosphoric Acid, mainly from Jordan ($674M), Morocco ($512M), Senegal ($489M), Tunisia ($214M), and China ($118M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR India WERE (2022 - 2023):
Sri Lanka$664k (205%)
United Kingdom$583k (1.42M%)
Spain$217k (81.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY India WERE (2022 - 2023):
Bangladesh-$7.25M (-97.7%)
United States-$6.29M (-71.3%)
Canada-$2.72M (-99.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Phosphoric Acid were:
Morocco $1.41B
China $708M
Jordan $706M
In 2023, India's main importing competitors in Phosphoric Acid were:
United States $454M
Pakistan $300M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.15M
TOP IMPORT POTENTIALChina+ $43.2M

Phosphoric Acid’s highest export potential is United States. With an export gap of $4.15M.   Phosphoric Acid’s highest import potential is China with an import gap of $43.2M.

See methodology.

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