2022
Exports
$95BWorld Rnk 12 / 220
Flag Rnk 1 / 21
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2022
Imports
$291BWorld Rnk 3 / 226
Flag Rnk 1 / 21
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $95B in Mineral Products, making it the 12th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in India. The main destination of Mineral Products exports from India are: Netherlands ($9.52B), United Arab Emirates ($8.88B), United States ($5.46B), Singapore ($4.87B), and Togo ($4.82B).

The fastest growing export markets for Mineral Products of India between 2021 and 2022 were Netherlands ($6.59B), United Arab Emirates ($4.12B), and Togo ($2.44B).

Imports In 2022, India imported $291B in Mineral Products, becoming the 3rd largest importer of Mineral Products in the world. At the same year, Mineral Products was the 1st most imported product in India. India imports Mineral Products primarily from: Iraq ($38.6B), Saudi Arabia ($37.8B), Russia ($34.1B), Australia ($28.2B), and United Arab Emirates ($26.2B).

The fastest growing import markets in Mineral Products for India between 2021 and 2022 were Russia ($31.6B), Saudi Arabia ($15.5B), and Iraq ($12.2B).

COMPANIES In 2023, leading companies such as Volvo (71), Bedrosians Tile & Stone (62), and LG Electronics (12) were at the forefront of shipping Mineral Products from India to the United States.

Latest Trends

Nov 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 Mineral Products. 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)$95B
IMPORTS (2022)$291B
NET TRADE (2022)-$196B

In 2022, India exported $95B in Mineral Products. The main destinations of India exports on Mineral Products were Netherlands ($9.52B), United Arab Emirates ($8.88B), United States ($5.46B), Singapore ($4.87B), and Togo ($4.82B).

In 2022, India imported $291B in Mineral Products, mainly from Iraq ($38.6B), Saudi Arabia ($37.8B), Russia ($34.1B), Australia ($28.2B), and United Arab Emirates ($26.2B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR India WERE (2021 - 2022):
Netherlands$6.59B (224%)
United Arab Emirates$4.12B (86.5%)
Togo$2.44B (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY India WERE (2021 - 2022):
China-$1.95B (-32.4%)
Japan-$505M (-46.5%)
Mauritius-$263M (-79.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Mineral Products were:
In 2022, India's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.52B
TOP IMPORT POTENTIALUnited States+ $6.49B

Mineral Products’s highest export potential is China. With an export gap of $4.52B.   Mineral Products’s highest import potential is United States with an import gap of $6.49B.

See methodology.

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