2023
Exports
$125MWorld Rnk 12 / 146
Flag Rnk 388 / 1212
2023
PRODUCT COMPLEXITY IN Butter
0.079Rnk 528 / 1025
2023
Imports
$1.94MWorld Rnk 120 / 224
Flag Rnk 1051 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $125M in Butter, making it the 12th largest exporter of Butter in the world. At the same year, Butter was the 388th most exported product in India. The main destination of Butter exports from India are: United Arab Emirates ($38.8M), Saudi Arabia ($18.7M), United States ($10.7M), Singapore ($9.91M), and Australia ($8.64M).

The fastest growing export markets for Butter of India between 2022 and 2023 were Singapore ($2.47M), Kuwait ($1.24M), and Australia ($1.17M).

Imports In 2023, India imported $1.94M in Butter, becoming the 120th largest importer of Butter in the world. At the same year, Butter was the 1051st most imported product in India. India imports Butter primarily from: France ($571k), Benin ($445k), Nepal ($256k), Belgium ($252k), and United Kingdom ($234k).

The fastest growing import markets in Butter for India between 2022 and 2023 were Benin ($445k), Nepal ($237k), and Belgium ($164k).

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 Butter. 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)$125M
IMPORTS (2023)$1.94M
NET TRADE (2023)$123M

In 2023, India exported $125M in Butter. The main destinations of India exports on Butter were United Arab Emirates ($38.8M), Saudi Arabia ($18.7M), United States ($10.7M), Singapore ($9.91M), and Australia ($8.64M).

In 2023, India imported $1.94M in Butter, mainly from France ($571k), Benin ($445k), Nepal ($256k), Belgium ($252k), and United Kingdom ($234k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR India WERE (2022 - 2023):
Singapore$2.47M (33.1%)
Kuwait$1.24M (99.4%)
Australia$1.17M (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY India WERE (2022 - 2023):
Bahrain-$37.6M (-84%)
Qatar-$15.9M (-65%)
Morocco-$15M (-96.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.2M
TOP IMPORT POTENTIALFrance+ $539k

Butter’s highest export potential is United States. With an export gap of $11.2M.   Butter’s highest import potential is France with an import gap of $539k.

See methodology.

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