2022
Exports
$122MWorld Rnk 12 / 142
Flag Rnk 390 / 1212
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$284MWorld Rnk 6 / 188
Flag Rnk 256 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $122M in Tool Plates, making it the 12th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 390th most exported product in India. The main destination of Tool Plates exports from India are: Netherlands ($39.8M), Belgium ($22.3M), Singapore ($10.5M), United States ($8.16M), and Germany ($4.8M).

The fastest growing export markets for Tool Plates of India between 2021 and 2022 were Netherlands ($21.3M), United Kingdom ($1.58M), and Vietnam ($613k).

Imports In 2022, India imported $284M in Tool Plates, becoming the 6th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 256th most imported product in India. India imports Tool Plates primarily from: China ($65.3M), Japan ($50.4M), South Korea ($37.9M), Germany ($36.4M), and Sweden ($29.2M).

The fastest growing import markets in Tool Plates for India between 2021 and 2022 were China ($9.35M), Japan ($6.63M), and Sweden ($3.92M).

Latest Trends

Nov 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 Tool Plates. 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)$122M
IMPORTS (2022)$284M
NET TRADE (2022)-$162M

In 2022, India exported $122M in Tool Plates. The main destinations of India exports on Tool Plates were Netherlands ($39.8M), Belgium ($22.3M), Singapore ($10.5M), United States ($8.16M), and Germany ($4.8M).

In 2022, India imported $284M in Tool Plates, mainly from China ($65.3M), Japan ($50.4M), South Korea ($37.9M), Germany ($36.4M), and Sweden ($29.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR India WERE (2021 - 2022):
Netherlands$21.3M (116%)
United Kingdom$1.58M (426%)
Vietnam$613k (1.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY India WERE (2021 - 2022):
United States-$19.2M (-70.2%)
Belgium-$3.14M (-12.4%)
Canada-$1.56M (-46.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, India's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALChina+ $31.9M

Tool Plates’s highest export potential is United States. With an export gap of $13.5M.   Tool Plates’s highest import potential is China with an import gap of $31.9M.

See methodology.

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