2022
Exports
$6.79MWorld Rnk 49 / 175
Flag Rnk 917 / 1212
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$705kWorld Rnk 154 / 223
Flag Rnk 1115 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $6.79M in Soups and Broths, making it the 49th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 917th most exported product in India. The main destination of Soups and Broths exports from India are: South Korea ($2.36M), United States ($1.18M), Nepal ($727k), Bhutan ($308k), and Canada ($304k).

The fastest growing export markets for Soups and Broths of India between 2021 and 2022 were South Korea ($959k), Singapore ($191k), and Kuwait ($173k).

Imports In 2022, India imported $705k in Soups and Broths, becoming the 154th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 1115th most imported product in India. India imports Soups and Broths primarily from: United Arab Emirates ($316k), United Kingdom ($108k), Japan ($93.4k), Australia ($35.8k), and Germany ($29.7k).

The fastest growing import markets in Soups and Broths for India between 2021 and 2022 were United Arab Emirates ($153k), Australia ($35.8k), and South Korea ($10.8k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Soups and Broths from India to the United States.

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 Soups and Broths. 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)$6.79M
IMPORTS (2022)$705k
NET TRADE (2022)$6.09M

In 2022, India exported $6.79M in Soups and Broths. The main destinations of India exports on Soups and Broths were South Korea ($2.36M), United States ($1.18M), Nepal ($727k), Bhutan ($308k), and Canada ($304k).

In 2022, India imported $705k in Soups and Broths, mainly from United Arab Emirates ($316k), United Kingdom ($108k), Japan ($93.4k), Australia ($35.8k), and Germany ($29.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR India WERE (2021 - 2022):
South Korea$959k (68.3%)
Singapore$191k (301%)
Kuwait$173k (306%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY India WERE (2021 - 2022):
Nepal-$711k (-49.4%)
Australia-$117k (-40.7%)
China-$60.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Soups and Broths were:
In 2022, India's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.37M
TOP IMPORT POTENTIALUnited Arab Emirates+ $128k

Soups and Broths’s highest export potential is United States. With an export gap of $1.37M.   Soups and Broths’s highest import potential is United Arab Emirates with an import gap of $128k.

See methodology.

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