2023
Exports
$3.42MWorld Rnk 23 / 70
Flag Rnk 995 / 1212
2023
PRODUCT COMPLEXITY IN Tar
-0.029Rnk 570 / 1025
2023
Imports
$10.4MWorld Rnk 12 / 104
Flag Rnk 853 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $3.42M in Tar, making it the 23rd largest exporter of Tar in the world. At the same year, Tar was the 995th most exported product in India. The main destination of Tar exports from India are: Bangladesh ($2.27M), United States ($264k), Thailand ($232k), Saudi Arabia ($213k), and United Arab Emirates ($175k).

The fastest growing export markets for Tar of India between 2022 and 2023 were Bangladesh ($435k), United Arab Emirates ($134k), and Singapore ($69.2k).

Imports In 2023, India imported $10.4M in Tar, becoming the 12th largest importer of Tar in the world. At the same year, Tar was the 853rd most imported product in India. India imports Tar primarily from: Turkey ($9.79M), Netherlands ($251k), China ($192k), Germany ($130k), and Kuwait ($214).

The fastest growing import markets in Tar for India between 2022 and 2023 were Turkey ($5.71M), Netherlands ($251k), and China ($75.2k).

Latest Trends

Dec 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 Tar. 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 (2023)$3.42M
IMPORTS (2023)$10.4M
NET TRADE (2023)-$6.94M

In 2023, India exported $3.42M in Tar. The main destinations of India exports on Tar were Bangladesh ($2.27M), United States ($264k), Thailand ($232k), Saudi Arabia ($213k), and United Arab Emirates ($175k).

In 2023, India imported $10.4M in Tar, mainly from Turkey ($9.79M), Netherlands ($251k), China ($192k), Germany ($130k), and Kuwait ($214).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR India WERE (2022 - 2023):
Bangladesh$435k (23.7%)
Singapore$69.2k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY India WERE (2022 - 2023):
Canada-$460k (-99.7%)
United States-$407k (-60.6%)
Thailand-$118k (-33.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Tar were:
In 2023, India's main importing competitors in Tar were:

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $290k
TOP IMPORT POTENTIALChina+ $227k

Tar’s highest export potential is United States. With an export gap of $290k.   Tar’s highest import potential is China with an import gap of $227k.

See methodology.

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