2023
Exports
$402MWorld Rnk 5 / 111
Flag Rnk 189 / 1212
2023
PRODUCT COMPLEXITY IN Carbon
0.3Rnk 457 / 1025
2023
Imports
$239MWorld Rnk 9 / 173
Flag Rnk 289 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $402M in Carbon, making it the 5th largest exporter of Carbon in the world. At the same year, Carbon was the 189th most exported product in India. The main destination of Carbon exports from India are: Thailand ($50.5M), Sri Lanka ($42.8M), Vietnam ($39.6M), United States ($32M), and United Arab Emirates ($29.6M).

The fastest growing export markets for Carbon of India between 2022 and 2023 were Thailand ($20.5M), Vietnam ($11.3M), and Mexico ($9.07M).

Imports In 2023, India imported $239M in Carbon, becoming the 9th largest importer of Carbon in the world. At the same year, Carbon was the 289th most imported product in India. India imports Carbon primarily from: Russia ($42.1M), China ($38.6M), South Korea ($35.2M), Turkey ($27.2M), and United Arab Emirates ($22M).

The fastest growing import markets in Carbon for India between 2022 and 2023 were Russia ($17.3M), China ($8.83M), and South Korea ($7.91M).

COMPANIES In 2024, leading companies such as Continental Tire (41) were at the forefront of shipping Carbon from India to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Carbon. 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)$402M
IMPORTS (2023)$239M
NET TRADE (2023)$163M

In 2023, India exported $402M in Carbon. The main destinations of India exports on Carbon were Thailand ($50.5M), Sri Lanka ($42.8M), Vietnam ($39.6M), United States ($32M), and United Arab Emirates ($29.6M).

In 2023, India imported $239M in Carbon, mainly from Russia ($42.1M), China ($38.6M), South Korea ($35.2M), Turkey ($27.2M), and United Arab Emirates ($22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR India WERE (2022 - 2023):
Thailand$20.5M (68.5%)
Vietnam$11.3M (40.2%)
Mexico$9.07M (2.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY India WERE (2022 - 2023):
Sri Lanka-$16.3M (-27.6%)
Poland-$7.77M (-24.4%)
Japan-$5.83M (-35.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Carbon were:
China $1.15B
In 2023, India's main importing competitors in Carbon were:

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.8M
TOP IMPORT POTENTIALChina+ $30.9M

Carbon’s highest export potential is United States. With an export gap of $14.8M.   Carbon’s highest import potential is China with an import gap of $30.9M.

See methodology.

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