2022
Exports
$38.7MWorld Rnk 17 / 97
Flag Rnk 641 / 1212
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$1.47BWorld Rnk 1 / 184
Flag Rnk 63 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $38.7M in Precious Metal Compounds, making it the 17th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 641st most exported product in India. The main destination of Precious Metal Compounds exports from India are: Switzerland ($23.4M), Turkey ($4.48M), France ($3.8M), United States ($1.07M), and Argentina ($766k).

The fastest growing export markets for Precious Metal Compounds of India between 2021 and 2022 were Switzerland ($23.4M), Turkey ($3.13M), and France ($2.64M).

Imports In 2022, India imported $1.47B in Precious Metal Compounds, becoming the 1st largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 63rd most imported product in India. India imports Precious Metal Compounds primarily from: Japan ($1.33B), Germany ($50.8M), United States ($17.5M), Italy ($13.9M), and Singapore ($11.5M).

The fastest growing import markets in Precious Metal Compounds for India between 2021 and 2022 were Japan ($53.4M), Switzerland ($7.58M), and South Africa ($6.21M).

COMPANIES In 2023, leading companies such as Cinmar (10) and IKEA Group (1) were at the forefront of shipping Precious Metal Compounds from India to the United States.

Latest Trends

Oct 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 Precious Metal 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)$38.7M
IMPORTS (2022)$1.47B
NET TRADE (2022)-$1.44B

In 2022, India exported $38.7M in Precious Metal Compounds. The main destinations of India exports on Precious Metal Compounds were Switzerland ($23.4M), Turkey ($4.48M), France ($3.8M), United States ($1.07M), and Argentina ($766k).

In 2022, India imported $1.47B in Precious Metal Compounds, mainly from Japan ($1.33B), Germany ($50.8M), United States ($17.5M), Italy ($13.9M), and Singapore ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR India WERE (2021 - 2022):
Switzerland$23.4M (59k%)
Turkey$3.13M (233%)
France$2.64M (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY India WERE (2021 - 2022):
United Arab Emirates-$28.5M (-98.7%)
United Kingdom-$1.56M (-92.9%)
Belgium-$885k (-90.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.92M
TOP IMPORT POTENTIALGermany+ $40.7M

Precious Metal Compounds’s highest export potential is France. With an export gap of $2.92M.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $40.7M.

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