2022
Exports
$85.5MWorld Rnk 5 / 112
Flag Rnk 461 / 1212
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$6.41MWorld Rnk 30 / 195
Flag Rnk 928 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $85.5M in Soapstone, making it the 5th largest exporter of Soapstone in the world. At the same year, Soapstone was the 461st most exported product in India. The main destination of Soapstone exports from India are: Netherlands ($10.4M), Indonesia ($7.07M), Thailand ($6.73M), South Korea ($5.81M), and China ($4.52M).

The fastest growing export markets for Soapstone of India between 2021 and 2022 were United States ($3.46M), China ($3.44M), and Netherlands ($2.73M).

Imports In 2022, India imported $6.41M in Soapstone, becoming the 30th largest importer of Soapstone in the world. At the same year, Soapstone was the 928th most imported product in India. India imports Soapstone primarily from: Italy ($2.4M), United States ($1.53M), Belgium ($499k), China ($489k), and Japan ($268k).

The fastest growing import markets in Soapstone for India between 2021 and 2022 were Italy ($925k), United States ($536k), and Japan ($157k).

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 Soapstone. 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)$85.5M
IMPORTS (2022)$6.41M
NET TRADE (2022)$79M

In 2022, India exported $85.5M in Soapstone. The main destinations of India exports on Soapstone were Netherlands ($10.4M), Indonesia ($7.07M), Thailand ($6.73M), South Korea ($5.81M), and China ($4.52M).

In 2022, India imported $6.41M in Soapstone, mainly from Italy ($2.4M), United States ($1.53M), Belgium ($499k), China ($489k), and Japan ($268k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$3.46M (337%)
China$3.44M (319%)
Netherlands$2.73M (35.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY India WERE (2021 - 2022):
South Korea-$4.81M (-45.3%)
Austria-$4.64M (-81.5%)
Italy-$2.33M (-47.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.47M
TOP IMPORT POTENTIALChina+ $1.1M

Soapstone’s highest export potential is China. With an export gap of $4.47M.   Soapstone’s highest import potential is China with an import gap of $1.1M.

See methodology.

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