2022
Exports
$101MWorld Rnk 7 / 153
Flag Rnk 424 / 1212
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$191MWorld Rnk 1 / 202
Flag Rnk 323 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $101M in Mill Machinery, making it the 7th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 424th most exported product in India. The main destination of Mill Machinery exports from India are: Nigeria ($26.4M), Nepal ($12.9M), Bangladesh ($11.2M), United States ($5.11M), and Ghana ($3.36M).

The fastest growing export markets for Mill Machinery of India between 2021 and 2022 were Nepal ($3.26M), United States ($2.22M), and Brazil ($2.09M).

Imports In 2022, India imported $191M in Mill Machinery, becoming the 1st largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 323rd most imported product in India. India imports Mill Machinery primarily from: China ($122M), Thailand ($24.6M), Turkey ($12.2M), United Kingdom ($9.96M), and South Korea ($3.83M).

The fastest growing import markets in Mill Machinery for India between 2021 and 2022 were China ($24.6M), Thailand ($7.68M), and Netherlands ($2.36M).

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 Mill Machinery. 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)$101M
IMPORTS (2022)$191M
NET TRADE (2022)-$90.2M

In 2022, India exported $101M in Mill Machinery. The main destinations of India exports on Mill Machinery were Nigeria ($26.4M), Nepal ($12.9M), Bangladesh ($11.2M), United States ($5.11M), and Ghana ($3.36M).

In 2022, India imported $191M in Mill Machinery, mainly from China ($122M), Thailand ($24.6M), Turkey ($12.2M), United Kingdom ($9.96M), and South Korea ($3.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR India WERE (2021 - 2022):
Nepal$3.26M (33.8%)
United States$2.22M (76.7%)
Brazil$2.09M (580%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY India WERE (2021 - 2022):
Sri Lanka-$1.87M (-63%)
Ethiopia-$1.63M (-35.1%)
Ghana-$1.25M (-27%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Mill Machinery were:
China $609M
Italy $195M
In 2022, India's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.42M
TOP IMPORT POTENTIALChina+ $19.4M

Mill Machinery’s highest export potential is United States. With an export gap of $4.42M.   Mill Machinery’s highest import potential is China with an import gap of $19.4M.

See methodology.

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