2022
Exports
$334MWorld Rnk 9 / 101
Flag Rnk 205 / 1212
2022
PRODUCT COMPLEXITY IN Phenols
1.66Rnk 33 / 1025
2022
Imports
$716MWorld Rnk 2 / 184
Flag Rnk 140 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $334M in Phenols, making it the 9th largest exporter of Phenols in the world. At the same year, Phenols was the 205th most exported product in India. The main destination of Phenols exports from India are: United States ($73.3M), South Korea ($28.5M), Germany ($26.9M), China ($21.9M), and Japan ($20M).

The fastest growing export markets for Phenols of India between 2021 and 2022 were United States ($10.2M), South Korea ($9.86M), and Iran ($5.97M).

Imports In 2022, India imported $716M in Phenols, becoming the 2nd largest importer of Phenols in the world. At the same year, Phenols was the 140th most imported product in India. India imports Phenols primarily from: China ($155M), Thailand ($110M), South Korea ($80.5M), Japan ($77.4M), and Chinese Taipei ($68.1M).

The fastest growing import markets in Phenols for India between 2021 and 2022 were Saudi Arabia ($38.1M), Thailand ($31.6M), and United States ($17.5M).

COMPANIES In 2023, leading companies such as IKEA Group (28), Givaudan Fragrances (5), and At Home Procurement (3) were at the forefront of shipping Phenols from India to the United States.

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 Phenols. 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)$334M
IMPORTS (2022)$716M
NET TRADE (2022)-$381M

In 2022, India exported $334M in Phenols. The main destinations of India exports on Phenols were United States ($73.3M), South Korea ($28.5M), Germany ($26.9M), China ($21.9M), and Japan ($20M).

In 2022, India imported $716M in Phenols, mainly from China ($155M), Thailand ($110M), South Korea ($80.5M), Japan ($77.4M), and Chinese Taipei ($68.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$10.2M (16.1%)
South Korea$9.86M (52.8%)
Iran$5.97M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY India WERE (2021 - 2022):
Turkey-$18.7M (-76.1%)
China-$6.91M (-24%)
Netherlands-$4.6M (-24.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Phenols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $35.9M
TOP IMPORT POTENTIALChina+ $45.4M

Phenols’s highest export potential is China. With an export gap of $35.9M.   Phenols’s highest import potential is China with an import gap of $45.4M.

See methodology.

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