2022
Exports
$45.8MWorld Rnk 6 / 109
Flag Rnk 609 / 1212
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts
-0.0094Rnk 550 / 1025
2022
Imports
$21.2MWorld Rnk 9 / 180
Flag Rnk 756 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $45.8M in Synthetic Tanning Extracts, making it the 6th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 609th most exported product in India. The main destination of Synthetic Tanning Extracts exports from India are: China ($13.8M), Bangladesh ($3.98M), Vietnam ($3.58M), Thailand ($3.44M), and South Korea ($3.29M).

The fastest growing export markets for Synthetic Tanning Extracts of India between 2021 and 2022 were Italy ($884k), South Korea ($867k), and Vietnam ($816k).

Imports In 2022, India imported $21.2M in Synthetic Tanning Extracts, becoming the 9th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 756th most imported product in India. India imports Synthetic Tanning Extracts primarily from: Italy ($7.33M), Germany ($2.78M), Netherlands ($2.43M), France ($1.86M), and Spain ($1.59M).

The fastest growing import markets in Synthetic Tanning Extracts for India between 2021 and 2022 were Italy ($763k), United States ($327k), and Spain ($109k).

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 Synthetic Tanning Extracts. 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)$45.8M
IMPORTS (2022)$21.2M
NET TRADE (2022)$24.6M

In 2022, India exported $45.8M in Synthetic Tanning Extracts. The main destinations of India exports on Synthetic Tanning Extracts were China ($13.8M), Bangladesh ($3.98M), Vietnam ($3.58M), Thailand ($3.44M), and South Korea ($3.29M).

In 2022, India imported $21.2M in Synthetic Tanning Extracts, mainly from Italy ($7.33M), Germany ($2.78M), Netherlands ($2.43M), France ($1.86M), and Spain ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$884k (67.9%)
South Korea$867k (35.8%)
Vietnam$816k (29.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY India WERE (2021 - 2022):
China-$3.43M (-20%)
Singapore-$1.17M (-58.1%)
Brazil-$794k (-39.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, India's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.6M
TOP IMPORT POTENTIALChina+ $1.66M

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $6.6M.   Synthetic Tanning Extracts’s highest import potential is China with an import gap of $1.66M.

See methodology.

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