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India chemical trade

Chemicals, plastics and rubber (HS chapters 28 to 40) that India exported and imported, as reported by its trade partners, with its largest HS codes and partner countries.

Suppliers in India
Exports in 2024
$57B
+8.0% vs 2023
Imports in 2024
$63.6B
−1.1% vs 2023
Trade balance
−$6.61B
Net importer
World exporter rank
#14
1.9% of world chemical exports

India does not publish detailed six digit trade figures. Its figures for 2019 to 2024 are mirror data, built from what the 28 major economies reported about their trade with India, so treat them as a lower bound.

Trend

India's chemical exports and imports per year, 2019 to 2024, partly or fully as reported by its trade partners.

Exports$57B in 2024Imports$63.6B in 2024
$0
$20B
$40B
$60B
$80B
India chemical exports and imports by year, US dollars
Show the numbers
India chemical exports and imports by year, US dollars
YearExportsImports
2019$41.7B$45.7B
2020$41.9B$42.3B
2021$50.5B$59.6B
2022$57.4B$68.7B
2023$52.8B$64.3B
2024$57B$63.6B

By HS chapter

How India's chemical trade in 2024 splits across chapters 28 to 40.

Exports Imports

Largest HS codes

The chemical HS codes India exported and imported the most in 2024.

Top exports

  1. 13004.90Medicaments consisting of mixed or unmixed products not elsewhere classified in heading 3004, for therapeutic…At least 28 destinations$16.2B
  2. 22933.99Heterocyclic compounds with nitrogen hetero-atom(s) only, otherAt least 28 destinations$1.97B
  3. 32934.99Nucleic acids and their salts, other heterocyclic compounds, not elsewhere classified in heading 2934At least 28 destinations$1.58B
  4. 42933.39Heterocyclic compounds containing an unfused pyridine ring (whether or not hydrogenated) in the structure…At least 28 destinations$1.12B
  5. 54011.70New pneumatic tyres, of a kind used on agricultural or forestry vehicles and machinesAt least 27 destinations$956M
  6. 62902.20BenzeneAt least 20 destinations$862M
  7. 73204.17Pigments and preparations based thereonAt least 28 destinations$695M
  8. 82924.29Cyclic amides (including cyclic carbamates) and their derivatives, salts thereof, otherAt least 28 destinations$672M
  9. 92933.59Compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring, otherAt least 28 destinations$669M
  10. 103004.20Medicaments containing antibiotics (other than penicillins, streptomycins or their derivatives)…At least 28 destinations$663M
  11. 112935.90Sulphonamides, otherAt least 28 destinations$534M
  12. 122933.19Compounds containing an unfused pyrazole ring (whether or not hydrogenated) in the…At least 27 destinations$497M

Top imports

  1. 13824.99Chemical products, mixtures and preparations not elsewhere classified in heading 3824At least 28 supplying countries$2.06B
  2. 23904.10Poly(vinyl chloride), not mixed with any other substancesAt least 22 supplying countries$1.91B
  3. 33105.30Diammonium hydrogenorthophosphate (diammonium phosphate)At least 4 supplying countries$1.56B
  4. 42917.36Terephthalic acid and its saltsAt least 7 supplying countries$1.16B
  5. 53926.90Plastics, other articles not elsewhere classified in chapter 39At least 28 supplying countries$1.05B
  6. 62934.99Nucleic acids and their salts, other heterocyclic compounds, not elsewhere classified in heading 2934At least 24 supplying countries$1.02B
  7. 73206.11Pigments and preparations based on titanium dioxide, containing 80 % or more by weight…At least 22 supplying countries$1.01B
  8. 82933.99Heterocyclic compounds with nitrogen hetero-atom(s) only, otherAt least 23 supplying countries$976M
  9. 92818.20Aluminium oxide, other than artificial corundumAt least 19 supplying countries$863M
  10. 102941.90Antibiotics, otherAt least 22 supplying countries$837M
  11. 112843.90AmalgamsAt least 17 supplying countries$833M
  12. 123902.10PolypropyleneAt least 26 supplying countries$821M

Main partner countries

Where India's chemicals went and came from in 2024, among the 28 major reporting economies. Based on the top 10 partners for each HS code.

Exports to

  1. 1
    United States
    $20.8B
    36.6% of exports
  2. 2
    Germany
    $3.5B
    6.1% of exports
  3. 3
    Brazil
    $3.45B
    6.1% of exports
  4. 4
    China
    $2.6B
    4.6% of exports
  5. 5
    United Kingdom
    $2.14B
    3.8% of exports
  6. 6
    Saudi Arabia
    $1.49B
    2.6% of exports
  7. 7
    Italy
    $1.4B
    2.5% of exports
  8. 8
    Japan
    $1.32B
    2.3% of exports
  9. 9
    Singapore
    $1.23B
    2.2% of exports
  10. 10
    South Africa
    $1.22B
    2.1% of exports

Imports from

  1. 1
    China
    $23B
    36.2% of imports
  2. 2
    United States
    $5.37B
    8.4% of imports
  3. 3
    Saudi Arabia
    $4.45B
    7.0% of imports
  4. 4
    Japan
    $4.44B
    7.0% of imports
  5. 5
    South Korea
    $4.42B
    6.9% of imports
  6. 6
    Thailand
    $3.42B
    5.4% of imports
  7. 7
    Germany
    $3.09B
    4.9% of imports
  8. 8
    Singapore
    $2.96B
    4.7% of imports
  9. 9
    Indonesia
    $2.46B
    3.9% of imports
  10. 10
    Malaysia
    $2.07B
    3.2% of imports

Sourcing from India

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