2022
Exports
$31.4MWorld Rnk 22 / 106
Flag Rnk 674 / 1212
2022
PRODUCT COMPLEXITY IN Phosphoric Acid
-0.58Rnk 718 / 1025
2022
Imports
$2.91BWorld Rnk 1 / 191
Flag Rnk 29 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $31.4M in Phosphoric Acid, making it the 22nd largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 674th most exported product in India. The main destination of Phosphoric Acid exports from India are: United States ($7.69M), Bangladesh ($7.42M), Netherlands ($1.76M), South Korea ($1.5M), and Italy ($1.44M).

The fastest growing export markets for Phosphoric Acid of India between 2021 and 2022 were Bangladesh ($7.36M), United States ($5.98M), and Canada ($1.42M).

Imports In 2022, India imported $2.91B in Phosphoric Acid, becoming the 1st largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 29th most imported product in India. India imports Phosphoric Acid primarily from: Senegal ($846M), Jordan ($721M), Morocco ($622M), Tunisia ($215M), and United States ($146M).

The fastest growing import markets in Phosphoric Acid for India between 2021 and 2022 were Senegal ($411M), Jordan ($146M), and Egypt ($129M).

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 Phosphoric Acid. 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)$31.4M
IMPORTS (2022)$2.91B
NET TRADE (2022)-$2.88B

In 2022, India exported $31.4M in Phosphoric Acid. The main destinations of India exports on Phosphoric Acid were United States ($7.69M), Bangladesh ($7.42M), Netherlands ($1.76M), South Korea ($1.5M), and Italy ($1.44M).

In 2022, India imported $2.91B in Phosphoric Acid, mainly from Senegal ($846M), Jordan ($721M), Morocco ($622M), Tunisia ($215M), and United States ($146M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR India WERE (2021 - 2022):
Bangladesh$7.36M (11.9k%)
United States$5.98M (349%)
Canada$1.42M (111k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY India WERE (2021 - 2022):
Singapore-$660k (-92.8%)
Spain-$464k (-64.6%)
Switzerland-$250k (-71.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.15M
TOP IMPORT POTENTIALChina+ $43.2M

Phosphoric Acid’s highest export potential is United States. With an export gap of $4.15M.   Phosphoric Acid’s highest import potential is China with an import gap of $43.2M.

See methodology.

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