2023
Exports
$73.7MWorld Rnk 16 / 138
Flag Rnk 504 / 1212
2023
PRODUCT COMPLEXITY IN Enzymes
1.08Rnk 151 / 1025
2023
Imports
$144MWorld Rnk 15 / 203
Flag Rnk 369 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $73.7M in Enzymes, making it the 16th largest exporter of Enzymes in the world. At the same year, Enzymes was the 504th most exported product in India. The main destination of Enzymes exports from India are: United States ($14M), China ($4.72M), Russia ($4.08M), Belgium ($3.59M), and Denmark ($3.53M).

The fastest growing export markets for Enzymes of India between 2022 and 2023 were Canada ($2.16M), China ($2M), and Russia ($1.89M).

Imports In 2023, India imported $144M in Enzymes, becoming the 15th largest importer of Enzymes in the world. At the same year, Enzymes was the 369th most imported product in India. India imports Enzymes primarily from: China ($67.3M), Denmark ($17.9M), Germany ($12.2M), United States ($11.8M), and Finland ($5.81M).

The fastest growing import markets in Enzymes for India between 2022 and 2023 were Finland ($3.08M), France ($2.42M), and Bulgaria ($1.15M).

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 Enzymes. 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)$73.7M
IMPORTS (2023)$144M
NET TRADE (2023)-$69.9M

In 2023, India exported $73.7M in Enzymes. The main destinations of India exports on Enzymes were United States ($14M), China ($4.72M), Russia ($4.08M), Belgium ($3.59M), and Denmark ($3.53M).

In 2023, India imported $144M in Enzymes, mainly from China ($67.3M), Denmark ($17.9M), Germany ($12.2M), United States ($11.8M), and Finland ($5.81M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR India WERE (2022 - 2023):
Canada$2.16M (589%)
China$2M (73.6%)
Russia$1.89M (86.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY India WERE (2022 - 2023):
United States-$3.19M (-18.6%)
Germany-$2.45M (-47.1%)
Denmark-$931k (-20.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.82M
TOP IMPORT POTENTIALChina+ $23.6M

Enzymes’s highest export potential is United States. With an export gap of $9.82M.   Enzymes’s highest import potential is China with an import gap of $23.6M.

See methodology.

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