Exports In 2022, India exported $112M in Silicone, making it the 14th largest exporter of Silicone in the world. At the same year, Silicone was the 406th most exported product in India. The main destination of Silicone exports from India are: Bangladesh ($16.8M), United States ($16.5M), Indonesia ($12.6M), Thailand ($6.85M), and Philippines ($6.74M).
The fastest growing export markets for Silicone of India between 2021 and 2022 were Indonesia ($8.23M), United States ($4.79M), and Philippines ($4.57M).
Imports In 2022, India imported $411M in Silicone, becoming the 8th largest importer of Silicone in the world. At the same year, Silicone was the 202nd most imported product in India. India imports Silicone primarily from: China ($165M), Germany ($100M), United States ($34.6M), Thailand ($24.7M), and South Korea ($18.2M).
The fastest growing import markets in Silicone for India between 2021 and 2022 were China ($59.8M), Germany ($23M), and Thailand ($12.5M).
COMPANIES In 2023, leading companies such as Polyplex (85) were at the forefront of shipping Silicone from India to the United States.