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2022
Exports $87.7MWorld Rnk 6 / 153
Flag Rnk 456 / 1212
2022
Destination $1.49M United States
2021 - 2022
FASTEST GROWING MARKET $1.49MUnited States
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $48.9MWorld Rnk 4 / 211
Flag Rnk 606 / 1206
2022
Origin $2.31M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.31MUnited States
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $87.7M in Friction Material, making it the 6th largest exporter of Friction Material in the world. At the same year, Friction Material was the 456th most exported product in India. The main destination of Friction Material exports from India are: United States ($33.2M), Brazil ($6.09M), United Arab Emirates ($3.24M), Turkey ($3.2M), and Canada ($2.68M).

The fastest growing export markets for Friction Material of India between 2021 and 2022 were United States ($1.49M), Turkey ($1.16M), and Saudi Arabia ($1.12M).

Imports In 2022, India imported $48.9M in Friction Material, becoming the 4th largest importer of Friction Material in the world. At the same year, Friction Material was the 606th most imported product in India. India imports Friction Material primarily from: Japan ($16.9M), Denmark ($7.11M), Thailand ($6.49M), United States ($6.01M), and Germany ($3.3M).

The fastest growing import markets in Friction Material for India between 2021 and 2022 were United States ($2.31M), United Kingdom ($1.48M), and Hungary ($423k).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Friction Material 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 Friction Material. 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)$87.7M
IMPORTS (2022)$48.9M
NET TRADE (2022)$38.8M

In 2022, India exported $87.7M in Friction Material. The main destinations of India exports on Friction Material were United States ($33.2M), Brazil ($6.09M), United Arab Emirates ($3.24M), Turkey ($3.2M), and Canada ($2.68M).

In 2022, India imported $48.9M in Friction Material, mainly from Japan ($16.9M), Denmark ($7.11M), Thailand ($6.49M), United States ($6.01M), and Germany ($3.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$1.49M (4.7%)
Turkey$1.16M (56.5%)
Saudi Arabia$1.12M (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY India WERE (2021 - 2022):
Nepal-$2.73M (-54.1%)
Russia-$611k (-24.9%)
Egypt-$584k (-27%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, India's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $1.32M
TOP IMPORT POTENTIALChina+ $2.81M

Friction Material’s highest export potential is Saudi Arabia. With an export gap of $1.32M.   Friction Material’s highest import potential is China with an import gap of $2.81M.

See methodology.

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