2023
Exports
$2.96BWorld Rnk 17 / 207
Flag Rnk 32 / 96
falsefalse United States
2023
PRODUCT COMPLEXITY IN Inorganic chemicals
1.54Rnk 38 / 1025
2023
Imports
$9.95BWorld Rnk 4 / 226
Flag Rnk 12 / 96
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $2.96B in Inorganic chemicals, making it the 17th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 32nd most exported product in India. The main destination of Inorganic chemicals exports from India are: United States ($368M), Russia ($209M), United Arab Emirates ($168M), Saudi Arabia ($127M), and Vietnam ($117M).

The fastest growing export markets for Inorganic chemicals of India between 2022 and 2023 were Russia ($110M), Switzerland ($55.7M), and United States ($38.5M).

Imports In 2023, India imported $9.95B in Inorganic chemicals, becoming the 4th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 12th most imported product in India. India imports Inorganic chemicals primarily from: Japan ($1.64B), China ($1.25B), Jordan ($745M), Indonesia ($564M), and Saudi Arabia ($541M).

COMPANIES In 2023, leading companies such as Continental Tire (69), Cinmar (19), and Amazon (4) were at the forefront of shipping Inorganic chemicals from India to the United States.

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 Inorganic chemicals. 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)$2.96B
IMPORTS (2023)$9.95B
NET TRADE (2023)-$7B

In 2023, India exported $2.96B in Inorganic chemicals. The main destinations of India exports on Inorganic chemicals were United States ($368M), Russia ($209M), United Arab Emirates ($168M), Saudi Arabia ($127M), and Vietnam ($117M).

In 2023, India imported $9.95B in Inorganic chemicals, mainly from Japan ($1.64B), China ($1.25B), Jordan ($745M), Indonesia ($564M), and Saudi Arabia ($541M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR India WERE (2022 - 2023):
Russia$110M (110%)
Switzerland$55.7M (188%)
United States$38.5M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY India WERE (2022 - 2023):
United Arab Emirates-$255M (-60.3%)
Iran-$168M (-97.4%)
China-$41.7M (-27.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $144M
TOP IMPORT POTENTIALChina+ $791M

Inorganic chemicals’s highest export potential is China. With an export gap of $144M.   Inorganic chemicals’s highest import potential is China with an import gap of $791M.

See methodology.

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