2022
Exports | Imports
$97.9M | $531MWorld Rnk 24 / 169
Flag Rnk 434 / 1212
World Rnk 5 / 215
Flag Rnk 176 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Cranes
0.82Rnk 239 / 1025

About

Exports In 2022, India exported $97.9M in Cranes, making it the 24th largest exporter of Cranes in the world. At the same year, Cranes was the 434th most exported product in India. The main destination of Cranes exports from India are: Maldives ($13.4M), Bangladesh ($11M), Nepal ($8.01M), United Arab Emirates ($6.58M), and Nigeria ($3.87M).

The fastest growing export markets for Cranes of India between 2021 and 2022 were Maldives ($13.3M), Tanzania ($2.3M), and South Africa ($2.14M).

Imports In 2022, India imported $531M in Cranes, becoming the 5th largest importer of Cranes in the world. At the same year, Cranes was the 176th most imported product in India. India imports Cranes primarily from: China ($346M), Belgium ($24.9M), United Arab Emirates ($19M), Vietnam ($17.3M), and Germany ($15.4M).

The fastest growing import markets in Cranes for India between 2021 and 2022 were China ($101M), Vietnam ($17.3M), and Japan ($14.6M).

COMPANIES In 2023, leading companies such as AMERICAN OMNI TRADING (564), WAL-MART INC. (536), and AGCO CORPORATION (23) were at the forefront of shipping Cranes from India to the United States.

Latest Trends

Feb 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 Cranes. 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)$97.9M
IMPORTS (2022)$531M
NET TRADE (2022)-$433M

In 2022, India exported $97.9M in Cranes. The main destinations of India exports on Cranes were Maldives ($13.4M), Bangladesh ($11M), Nepal ($8.01M), United Arab Emirates ($6.58M), and Nigeria ($3.87M).

In 2022, India imported $531M in Cranes, mainly from China ($346M), Belgium ($24.9M), United Arab Emirates ($19M), Vietnam ($17.3M), and Germany ($15.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR India WERE (2021 - 2022):
Maldives$13.3M (13.3k%)
Tanzania$2.3M (196%)
South Africa$2.14M (358%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY India WERE (2021 - 2022):
Malaysia-$4.72M (-100%)
Spain-$4.36M (-99.8%)
Netherlands-$3.89M (-95.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, India's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

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