2022
Exports
$2.1BWorld Rnk 10 / 224
Flag Rnk 30 / 1212
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.96BWorld Rnk 13 / 224
Flag Rnk 49 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $2.1B in Valves, making it the 10th largest exporter of Valves in the world. At the same year, Valves was the 30th most exported product in India. The main destination of Valves exports from India are: United States ($564M), Germany ($121M), United Arab Emirates ($115M), China ($103M), and Canada ($73.2M).

The fastest growing export markets for Valves of India between 2021 and 2022 were United States ($225M), Canada ($28.7M), and Thailand ($26.9M).

Imports In 2022, India imported $1.96B in Valves, becoming the 13th largest importer of Valves in the world. At the same year, Valves was the 49th most imported product in India. India imports Valves primarily from: China ($531M), Germany ($297M), United States ($195M), Italy ($133M), and Japan ($125M).

The fastest growing import markets in Valves for India between 2021 and 2022 were China ($82.1M), United States ($43.3M), and Germany ($33.9M).

COMPANIES In 2023, leading companies such as Danfoss (284), SIGMA Corp (46), and Rolls-Royce (30) were at the forefront of shipping Valves 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 Valves. 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)$2.1B
IMPORTS (2022)$1.96B
NET TRADE (2022)$136M

In 2022, India exported $2.1B in Valves. The main destinations of India exports on Valves were United States ($564M), Germany ($121M), United Arab Emirates ($115M), China ($103M), and Canada ($73.2M).

In 2022, India imported $1.96B in Valves, mainly from China ($531M), Germany ($297M), United States ($195M), Italy ($133M), and Japan ($125M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$225M (66.6%)
Canada$28.7M (64.5%)
Thailand$26.9M (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY India WERE (2021 - 2022):
China-$40.5M (-28.1%)
Oman-$23.4M (-53.4%)
Bahrain-$22.1M (-62.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $269M
TOP IMPORT POTENTIALChina+ $466M

Valves’s highest export potential is United States. With an export gap of $269M.   Valves’s highest import potential is China with an import gap of $466M.

See methodology.

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