2022
Exports
$69.8MWorld Rnk 38 / 143
Flag Rnk 516 / 1212
2022
PRODUCT COMPLEXITY IN Styrene Polymers
0.75Rnk 262 / 1025
2022
Imports
$448MWorld Rnk 14 / 205
Flag Rnk 194 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $69.8M in Styrene Polymers, making it the 38th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 516th most exported product in India. The main destination of Styrene Polymers exports from India are: Egypt ($8.66M), Bangladesh ($6.79M), China ($4.8M), United Arab Emirates ($4.8M), and Serbia ($3.63M).

The fastest growing export markets for Styrene Polymers of India between 2021 and 2022 were Vietnam ($1.86M), Turkey ($1.6M), and Greece ($1.22M).

Imports In 2022, India imported $448M in Styrene Polymers, becoming the 14th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 194th most imported product in India. India imports Styrene Polymers primarily from: South Korea ($204M), Chinese Taipei ($62.5M), China ($33.6M), Thailand ($28.4M), and Singapore ($25.1M).

The fastest growing import markets in Styrene Polymers for India between 2021 and 2022 were China ($17.8M), Singapore ($17.4M), and Thailand ($7.53M).

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 Styrene Polymers. 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)$69.8M
IMPORTS (2022)$448M
NET TRADE (2022)-$378M

In 2022, India exported $69.8M in Styrene Polymers. The main destinations of India exports on Styrene Polymers were Egypt ($8.66M), Bangladesh ($6.79M), China ($4.8M), United Arab Emirates ($4.8M), and Serbia ($3.63M).

In 2022, India imported $448M in Styrene Polymers, mainly from South Korea ($204M), Chinese Taipei ($62.5M), China ($33.6M), Thailand ($28.4M), and Singapore ($25.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR India WERE (2021 - 2022):
Vietnam$1.86M (115%)
Turkey$1.6M (307%)
Greece$1.22M (531%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY India WERE (2021 - 2022):
Egypt-$4.55M (-34.5%)
Italy-$3.08M (-73%)
Philippines-$1.67M (-66.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Styrene Polymers were:
In 2022, India's main importing competitors in Styrene Polymers were:

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.9M
TOP IMPORT POTENTIALChina+ $40.8M

Styrene Polymers’s highest export potential is China. With an export gap of $12.9M.   Styrene Polymers’s highest import potential is China with an import gap of $40.8M.

See methodology.

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