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Exports In 2022, India exported $20.8M in Turpentine, making it the 7th largest exporter of Turpentine in the world. At the same year, Turpentine was the 742nd most exported product in India. The main destination of Turpentine exports from India are: United Arab Emirates ($5.11M), China ($3.61M), United Kingdom ($1.47M), Indonesia ($1.35M), and France ($1.29M).

The fastest growing export markets for Turpentine of India between 2021 and 2022 were China ($3.61M), Bahrain ($890k), and France ($512k).

Imports In 2022, India imported $211M in Turpentine, becoming the 1st largest importer of Turpentine in the world. At the same year, Turpentine was the 300th most imported product in India. India imports Turpentine primarily from: Indonesia ($68M), Brazil ($48.9M), Vietnam ($34.3M), United States ($12.7M), and Finland ($11M).

The fastest growing import markets in Turpentine for India between 2021 and 2022 were Brazil ($6.63M), Indonesia ($5.55M), and Finland ($5.1M).

COMPANIES In 2023, leading companies such as Cinmar (21) and Givaudan Fragrances (4) were at the forefront of shipping Turpentine from India to the United States.

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 Turpentine. 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)$20.8M
IMPORTS (2022)$211M
NET TRADE (2022)-$190M

In 2022, India exported $20.8M in Turpentine. The main destinations of India exports on Turpentine were United Arab Emirates ($5.11M), China ($3.61M), United Kingdom ($1.47M), Indonesia ($1.35M), and France ($1.29M).

In 2022, India imported $211M in Turpentine, mainly from Indonesia ($68M), Brazil ($48.9M), Vietnam ($34.3M), United States ($12.7M), and Finland ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR India WERE (2021 - 2022):
China$3.61M (2.15M%)
Bahrain$890k (9.34k%)
France$512k (65.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY India WERE (2021 - 2022):
South Africa-$889k (-57.3%)
United Kingdom-$802k (-35.2%)
Nigeria-$629k (-46%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.75M
TOP IMPORT POTENTIALNepal+ $1.57M

Turpentine’s highest export potential is China. With an export gap of $1.75M.   Turpentine’s highest import potential is Nepal with an import gap of $1.57M.

See methodology.

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