2022
Exports
$16.6MWorld Rnk 16 / 105
Flag Rnk 792 / 1212
2022
PRODUCT COMPLEXITY IN Silicates
-0.58Rnk 717 / 1025
2022
Imports
$20.5MWorld Rnk 14 / 193
Flag Rnk 761 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $16.6M in Silicates, making it the 16th largest exporter of Silicates in the world. At the same year, Silicates was the 792nd most exported product in India. The main destination of Silicates exports from India are: Philippines ($3.13M), Nepal ($1.95M), United States ($1.46M), Bangladesh ($850k), and Sri Lanka ($795k).

The fastest growing export markets for Silicates of India between 2021 and 2022 were Philippines ($1.12M), Qatar ($553k), and Germany ($297k).

Imports In 2022, India imported $20.5M in Silicates, becoming the 14th largest importer of Silicates in the world. At the same year, Silicates was the 761st most imported product in India. India imports Silicates primarily from: United Arab Emirates ($9.52M), China ($5.09M), United States ($1.47M), Switzerland ($680k), and Malaysia ($640k).

The fastest growing import markets in Silicates for India between 2021 and 2022 were China ($746k), Egypt ($307k), and Japan ($277k).

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 Silicates. 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)$16.6M
IMPORTS (2022)$20.5M
NET TRADE (2022)-$3.95M

In 2022, India exported $16.6M in Silicates. The main destinations of India exports on Silicates were Philippines ($3.13M), Nepal ($1.95M), United States ($1.46M), Bangladesh ($850k), and Sri Lanka ($795k).

In 2022, India imported $20.5M in Silicates, mainly from United Arab Emirates ($9.52M), China ($5.09M), United States ($1.47M), Switzerland ($680k), and Malaysia ($640k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicates EXPORT MARKETS FOR India WERE (2021 - 2022):
Philippines$1.12M (55.6%)
Qatar$553k (2.8k%)
Germany$297k (436%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicates BY India WERE (2021 - 2022):
South Korea-$1.8M (-70.7%)
Iran-$1.2M (-89.8%)
United States-$935k (-39%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $4.05M

Silicates’s highest export potential is United States. With an export gap of $1.11M.   Silicates’s highest import potential is China with an import gap of $4.05M.

See methodology.

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