2023
Exports
$15.6MWorld Rnk 21 / 129
Flag Rnk 802 / 1212
2023
PRODUCT COMPLEXITY IN Vending Machines
0.74Rnk 269 / 1025
2023
Imports
$11.7MWorld Rnk 32 / 196
Flag Rnk 841 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $15.6M in Vending Machines, making it the 21st largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 802nd most exported product in India. The main destination of Vending Machines exports from India are: United States ($10.1M), United Arab Emirates ($1.45M), Saudi Arabia ($867k), Netherlands ($540k), and Zimbabwe ($321k).

The fastest growing export markets for Vending Machines of India between 2022 and 2023 were Saudi Arabia ($783k), United Arab Emirates ($576k), and Zimbabwe ($321k).

Imports In 2023, India imported $11.7M in Vending Machines, becoming the 32nd largest importer of Vending Machines in the world. At the same year, Vending Machines was the 841st most imported product in India. India imports Vending Machines primarily from: China ($6.84M), Netherlands ($1.12M), Italy ($1.05M), Mexico ($742k), and Chinese Taipei ($575k).

The fastest growing import markets in Vending Machines for India between 2022 and 2023 were China ($4.61M), Netherlands ($605k), and Italy ($523k).

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 Vending Machines. 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)$15.6M
IMPORTS (2023)$11.7M
NET TRADE (2023)$3.93M

In 2023, India exported $15.6M in Vending Machines. The main destinations of India exports on Vending Machines were United States ($10.1M), United Arab Emirates ($1.45M), Saudi Arabia ($867k), Netherlands ($540k), and Zimbabwe ($321k).

In 2023, India imported $11.7M in Vending Machines, mainly from China ($6.84M), Netherlands ($1.12M), Italy ($1.05M), Mexico ($742k), and Chinese Taipei ($575k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR India WERE (2022 - 2023):
Saudi Arabia$783k (927%)
Zimbabwe$321k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY India WERE (2022 - 2023):
Bangladesh-$1.45M (-89.1%)
United States-$1.36M (-11.9%)
Hungary-$169k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Vending Machines were:
In 2023, India's main importing competitors in Vending Machines were:

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.97M
TOP IMPORT POTENTIALChina+ $3.39M

Vending Machines’s highest export potential is United States. With an export gap of $1.97M.   Vending Machines’s highest import potential is China with an import gap of $3.39M.

See methodology.

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