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Exports In 2023, India exported $2.38M in Asbestos, making it the 5th largest exporter of Asbestos in the world. At the same year, Asbestos was the 1028th most exported product in India. The main destination of Asbestos exports from India are: Bangladesh ($2.18M), Sri Lanka ($201k), Ethiopia ($285), Angola ($174), and Zambia ($139).

The fastest growing export markets for Asbestos of India between 2022 and 2023 were Bangladesh ($764k), Sri Lanka ($201k), and Ethiopia ($285).

Imports In 2023, India imported $253M in Asbestos, becoming the 1st largest importer of Asbestos in the world. At the same year, Asbestos was the 281st most imported product in India. India imports Asbestos primarily from: Russia ($128M), Brazil ($88.6M), Kazakhstan ($32.6M), China ($1.31M), and Poland ($1.11M).

The fastest growing import markets in Asbestos for India between 2022 and 2023 were Russia ($39.2M), Kazakhstan ($14.2M), and China ($1.07M).

COMPANIES In 2024, leading companies such as Mystic Apparel (1) were at the forefront of shipping Asbestos from India to the United States.

Latest Trends

Jan 2025

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 Asbestos. 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)$2.38M
IMPORTS (2023)$253M
NET TRADE (2023)-$251M

In 2023, India exported $2.38M in Asbestos. The main destinations of India exports on Asbestos were Bangladesh ($2.18M), Sri Lanka ($201k), Ethiopia ($285), Angola ($174), and Zambia ($139).

In 2023, India imported $253M in Asbestos, mainly from Russia ($128M), Brazil ($88.6M), Kazakhstan ($32.6M), China ($1.31M), and Poland ($1.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asbestos EXPORT MARKETS FOR India WERE (2022 - 2023):
Bangladesh$764k (54%)
Sri Lanka$201k (1%)
Ethiopia$285 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos BY India WERE (2022 - 2023):
Nepal-$22.5k (-99.8%)
France-$20 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Asbestos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.46k
TOP IMPORT POTENTIALKazakhstan+ $2.05M

Asbestos’s highest export potential is China. With an export gap of $2.46k.   Asbestos’s highest import potential is Kazakhstan with an import gap of $2.05M.

See methodology.

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