2022
Exports
$9.18MWorld Rnk 64 / 155
Flag Rnk 874 / 1212
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$17.1MWorld Rnk 91 / 219
Flag Rnk 786 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $9.18M in Margarine, making it the 64th largest exporter of Margarine in the world. At the same year, Margarine was the 874th most exported product in India. The main destination of Margarine exports from India are: Nepal ($2.13M), Bhutan ($1.61M), United States ($1.12M), United Arab Emirates ($832k), and Spain ($794k).

The fastest growing export markets for Margarine of India between 2021 and 2022 were United States ($917k), Angola ($543k), and Spain ($254k).

Imports In 2022, India imported $17.1M in Margarine, becoming the 91st largest importer of Margarine in the world. At the same year, Margarine was the 786th most imported product in India. India imports Margarine primarily from: Singapore ($5.6M), Indonesia ($3.79M), Switzerland ($2.88M), Netherlands ($1.5M), and Sri Lanka ($1.33M).

The fastest growing import markets in Margarine for India between 2021 and 2022 were Singapore ($2.29M), Sri Lanka ($618k), and Netherlands ($454k).

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 Margarine. 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)$9.18M
IMPORTS (2022)$17.1M
NET TRADE (2022)-$7.87M

In 2022, India exported $9.18M in Margarine. The main destinations of India exports on Margarine were Nepal ($2.13M), Bhutan ($1.61M), United States ($1.12M), United Arab Emirates ($832k), and Spain ($794k).

In 2022, India imported $17.1M in Margarine, mainly from Singapore ($5.6M), Indonesia ($3.79M), Switzerland ($2.88M), Netherlands ($1.5M), and Sri Lanka ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$917k (450%)
Angola$543k (1.23k%)
Spain$254k (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY India WERE (2021 - 2022):
United Arab Emirates-$1.69M (-66.9%)
Singapore-$486k (-60.8%)
Nepal-$450k (-17.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Margarine were:
In 2022, India's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.14M
TOP IMPORT POTENTIALIndonesia+ $3.34M

Margarine’s highest export potential is United States. With an export gap of $1.14M.   Margarine’s highest import potential is Indonesia with an import gap of $3.34M.

See methodology.

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