2022
Exports
$16.8MWorld Rnk 22 / 127
Flag Rnk 790 / 1212
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$4.75MWorld Rnk 50 / 202
Flag Rnk 967 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $16.8M in Vending Machines, making it the 22nd largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 790th most exported product in India. The main destination of Vending Machines exports from India are: United States ($10.4M), Netherlands ($1.71M), Bangladesh ($1.62M), United Arab Emirates ($827k), and Kenya ($217k).

The fastest growing export markets for Vending Machines of India between 2021 and 2022 were United States ($1.85M), Bangladesh ($932k), and Netherlands ($625k).

Imports In 2022, India imported $4.75M in Vending Machines, becoming the 50th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 967th most imported product in India. India imports Vending Machines primarily from: China ($2.4M), Italy ($673k), Malaysia ($331k), Mexico ($269k), and United States ($236k).

The fastest growing import markets in Vending Machines for India between 2021 and 2022 were Malaysia ($329k), Italy ($295k), and Netherlands ($160k).

Latest Trends

Oct 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 Vending Machines. 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)$16.8M
IMPORTS (2022)$4.75M
NET TRADE (2022)$12.1M

In 2022, India exported $16.8M in Vending Machines. The main destinations of India exports on Vending Machines were United States ($10.4M), Netherlands ($1.71M), Bangladesh ($1.62M), United Arab Emirates ($827k), and Kenya ($217k).

In 2022, India imported $4.75M in Vending Machines, mainly from China ($2.4M), Italy ($673k), Malaysia ($331k), Mexico ($269k), and United States ($236k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$1.85M (21.6%)
Bangladesh$932k (135%)
Netherlands$625k (57.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY India WERE (2021 - 2022):
Saudi Arabia-$2.81M (-96.9%)
Sri Lanka-$361k (-67.9%)
South Africa-$83.4k (-64.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.97M
TOP IMPORT POTENTIALChina+ $3.39M

Vending Machines’s highest export potential is United States. With an export gap of $1.97M.   Vending Machines’s highest import potential is China with an import gap of $3.39M.

See methodology.

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