2022
Exports
$8.93BWorld Rnk 23 / 226
Flag Rnk 13 / 96
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$22.4BWorld Rnk 11 / 226
Flag Rnk 6 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $8.93B in Plastics & articles thereof, making it the 23rd largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 13th most exported product in India. The main destination of Plastics & articles thereof exports from India are: United States ($1.5B), United Arab Emirates ($488M), Bangladesh ($344M), Germany ($342M), and Italy ($330M).

The fastest growing export markets for Plastics & articles thereof of India between 2021 and 2022 were United States ($209M), Germany ($63.6M), and Bangladesh ($60M).

Imports In 2022, India imported $22.4B in Plastics & articles thereof, becoming the 11th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 6th most imported product in India. India imports Plastics & articles thereof primarily from: China ($5.82B), South Korea ($2.09B), United States ($1.55B), United Arab Emirates ($1.47B), and Singapore ($1.37B).

The fastest growing import markets in Plastics & articles thereof for India between 2021 and 2022 were China ($1.44B), United States ($530M), and United Arab Emirates ($373M).

COMPANIES In 2023, leading companies such as IKEA Group (167), Polyplex (133), and Mahle Behr (100) were at the forefront of shipping Plastics & articles thereof from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Plastics & articles thereof. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.93B
IMPORTS (2022)$22.4B
NET TRADE (2022)-$13.4B

In 2022, India exported $8.93B in Plastics & articles thereof. The main destinations of India exports on Plastics & articles thereof were United States ($1.5B), United Arab Emirates ($488M), Bangladesh ($344M), Germany ($342M), and Italy ($330M).

In 2022, India imported $22.4B in Plastics & articles thereof, mainly from China ($5.82B), South Korea ($2.09B), United States ($1.55B), United Arab Emirates ($1.47B), and Singapore ($1.37B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$209M (16.2%)
Germany$63.6M (22.9%)
Bangladesh$60M (21.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY India WERE (2021 - 2022):
China-$132M (-31.9%)
Nigeria-$132M (-51.1%)
Ghana-$68.4M (-48%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, India's main exporting competitors in Plastics & articles thereof were:
In 2022, India's main importing competitors in Plastics & articles thereof were:

Explore Visualizations

Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $878M
TOP IMPORT POTENTIALChina+ $3.17B

Plastics & articles thereof’s highest export potential is United States. With an export gap of $878M.   Plastics & articles thereof’s highest import potential is China with an import gap of $3.17B.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with