2022
Exports
$11.5MWorld Rnk 30 / 101
Flag Rnk 849 / 1212
2022
PRODUCT COMPLEXITY IN Carbides
-0.24Rnk 626 / 1025
2022
Imports
$116MWorld Rnk 7 / 175
Flag Rnk 424 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $11.5M in Carbides, making it the 30th largest exporter of Carbides in the world. At the same year, Carbides was the 849th most exported product in India. The main destination of Carbides exports from India are: Germany ($1.65M), United States ($1.56M), Bangladesh ($1.07M), United Kingdom ($1.04M), and Spain ($880k).

The fastest growing export markets for Carbides of India between 2021 and 2022 were Germany ($1.07M), Spain ($646k), and United Kingdom ($432k).

Imports In 2022, India imported $116M in Carbides, becoming the 7th largest importer of Carbides in the world. At the same year, Carbides was the 424th most imported product in India. India imports Carbides primarily from: China ($56.8M), Vietnam ($22.1M), Russia ($8.74M), Bhutan ($6.45M), and Hong Kong ($5.95M).

The fastest growing import markets in Carbides for India between 2021 and 2022 were Vietnam ($9.06M), United States ($2.34M), and Bhutan ($2.32M).

Latest Trends

Jul 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 Carbides. 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)$11.5M
IMPORTS (2022)$116M
NET TRADE (2022)-$105M

In 2022, India exported $11.5M in Carbides. The main destinations of India exports on Carbides were Germany ($1.65M), United States ($1.56M), Bangladesh ($1.07M), United Kingdom ($1.04M), and Spain ($880k).

In 2022, India imported $116M in Carbides, mainly from China ($56.8M), Vietnam ($22.1M), Russia ($8.74M), Bhutan ($6.45M), and Hong Kong ($5.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR India WERE (2021 - 2022):
Germany$1.07M (184%)
Spain$646k (276%)
United Kingdom$432k (70.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY India WERE (2021 - 2022):
Poland-$1.1M (-56.6%)
Russia-$264k (-100%)
Saudi Arabia-$213k (-69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.82M
TOP IMPORT POTENTIALChina+ $24.6M

Carbides’s highest export potential is United States. With an export gap of $1.82M.   Carbides’s highest import potential is China with an import gap of $24.6M.

See methodology.

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