2022
Exports
$25.8MWorld Rnk 40 / 141
Flag Rnk 703 / 1212
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$4.85MWorld Rnk 53 / 186
Flag Rnk 961 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $25.8M in Inedible Fats and Oils, making it the 40th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 703rd most exported product in India. The main destination of Inedible Fats and Oils exports from India are: Malaysia ($4.84M), Philippines ($2.93M), United States ($2.71M), Australia ($2.03M), and Japan ($1.56M).

The fastest growing export markets for Inedible Fats and Oils of India between 2021 and 2022 were Malaysia ($3.68M), Philippines ($2.32M), and Netherlands ($992k).

Imports In 2022, India imported $4.85M in Inedible Fats and Oils, becoming the 53rd largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 961st most imported product in India. India imports Inedible Fats and Oils primarily from: United States ($2.04M), Qatar ($592k), Malaysia ($547k), Italy ($387k), and Germany ($352k).

The fastest growing import markets in Inedible Fats and Oils for India between 2021 and 2022 were United States ($1.11M), Japan ($166k), and Qatar ($123k).

Latest Trends

Sep 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 Inedible Fats and Oils. 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)$25.8M
IMPORTS (2022)$4.85M
NET TRADE (2022)$20.9M

In 2022, India exported $25.8M in Inedible Fats and Oils. The main destinations of India exports on Inedible Fats and Oils were Malaysia ($4.84M), Philippines ($2.93M), United States ($2.71M), Australia ($2.03M), and Japan ($1.56M).

In 2022, India imported $4.85M in Inedible Fats and Oils, mainly from United States ($2.04M), Qatar ($592k), Malaysia ($547k), Italy ($387k), and Germany ($352k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR India WERE (2021 - 2022):
Malaysia$3.68M (320%)
Philippines$2.32M (381%)
Netherlands$992k (298%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY India WERE (2021 - 2022):
Belgium-$3.37M (-74.7%)
China-$1.02M (-84.3%)
Turkey-$205k (-70.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Inedible Fats and Oils were:
In 2022, India's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.06M
TOP IMPORT POTENTIALUnited States+ $1.19M

Inedible Fats and Oils’s highest export potential is United States. With an export gap of $3.06M.   Inedible Fats and Oils’s highest import potential is United States with an import gap of $1.19M.

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