2022
Exports
$77.1MWorld Rnk 11 / 130
Flag Rnk 492 / 1212
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$111MWorld Rnk 6 / 214
Flag Rnk 437 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $77.1M in Refractory Cements, making it the 11th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 492nd most exported product in India. The main destination of Refractory Cements exports from India are: Bangladesh ($10.4M), United Arab Emirates ($10.2M), Saudi Arabia ($8.4M), Angola ($4.99M), and Kenya ($4.62M).

The fastest growing export markets for Refractory Cements of India between 2021 and 2022 were United Arab Emirates ($3.86M), Bangladesh ($3.11M), and Saudi Arabia ($1.95M).

Imports In 2022, India imported $111M in Refractory Cements, becoming the 6th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 437th most imported product in India. India imports Refractory Cements primarily from: Austria ($17.4M), Turkey ($12.2M), Germany ($11.9M), United States ($11.7M), and China ($11.6M).

The fastest growing import markets in Refractory Cements for India between 2021 and 2022 were United States ($4.78M), United Arab Emirates ($4.21M), and Italy ($3.04M).

Latest Trends

Jul 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 Refractory Cements. 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)$77.1M
IMPORTS (2022)$111M
NET TRADE (2022)-$33.7M

In 2022, India exported $77.1M in Refractory Cements. The main destinations of India exports on Refractory Cements were Bangladesh ($10.4M), United Arab Emirates ($10.2M), Saudi Arabia ($8.4M), Angola ($4.99M), and Kenya ($4.62M).

In 2022, India imported $111M in Refractory Cements, mainly from Austria ($17.4M), Turkey ($12.2M), Germany ($11.9M), United States ($11.7M), and China ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR India WERE (2021 - 2022):
United Arab Emirates$3.86M (60.6%)
Bangladesh$3.11M (42.4%)
Saudi Arabia$1.95M (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY India WERE (2021 - 2022):
South Africa-$3.24M (-74.1%)
Nigeria-$1.4M (-26.7%)
Uganda-$727k (-78%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndonesia+ $1.92M
TOP IMPORT POTENTIALChina+ $20.5M

Refractory Cements’s highest export potential is Indonesia. With an export gap of $1.92M.   Refractory Cements’s highest import potential is China with an import gap of $20.5M.

See methodology.

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