2022
Exports
$158MWorld Rnk 3 / 183
Flag Rnk 349 / 1212
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$9.4MWorld Rnk 34 / 216
Flag Rnk 880 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $158M in Basketwork, making it the 3rd largest exporter of Basketwork in the world. At the same year, Basketwork was the 349th most exported product in India. The main destination of Basketwork exports from India are: United States ($132M), United Arab Emirates ($4.08M), Germany ($2.48M), Spain ($2.46M), and United Kingdom ($2.08M).

The fastest growing export markets for Basketwork of India between 2021 and 2022 were Spain ($927k), Netherlands ($854k), and United Kingdom ($704k).

Imports In 2022, India imported $9.4M in Basketwork, becoming the 34th largest importer of Basketwork in the world. At the same year, Basketwork was the 880th most imported product in India. India imports Basketwork primarily from: China ($7.33M), United Arab Emirates ($605k), Vietnam ($366k), Bangladesh ($362k), and Indonesia ($270k).

The fastest growing import markets in Basketwork for India between 2021 and 2022 were China ($2.28M), United Arab Emirates ($288k), and Indonesia ($154k).

COMPANIES In 2023, leading companies such as Amazon (25), IKEA Group (9), and Cinmar (4) were at the forefront of shipping Basketwork from India to the United States.

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 Basketwork. 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)$158M
IMPORTS (2022)$9.4M
NET TRADE (2022)$148M

In 2022, India exported $158M in Basketwork. The main destinations of India exports on Basketwork were United States ($132M), United Arab Emirates ($4.08M), Germany ($2.48M), Spain ($2.46M), and United Kingdom ($2.08M).

In 2022, India imported $9.4M in Basketwork, mainly from China ($7.33M), United Arab Emirates ($605k), Vietnam ($366k), Bangladesh ($362k), and Indonesia ($270k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR India WERE (2021 - 2022):
Spain$927k (60.6%)
Netherlands$854k (73.4%)
United Kingdom$704k (51.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY India WERE (2021 - 2022):
United States-$13.2M (-9.09%)
Saudi Arabia-$1.59M (-89.8%)
United Arab Emirates-$1.39M (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.88M
TOP IMPORT POTENTIALChina+ $6.76M

Basketwork’s highest export potential is Germany. With an export gap of $2.88M.   Basketwork’s highest import potential is China with an import gap of $6.76M.

See methodology.

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