India Imports from China of Organic chemicals was US$13.27 Billion during 2023, according to the United Nations COMTRADE database on international trade. India Imports from China of Organic chemicals - data, historical chart and statistics - was last updated on August of 2024.
China, the US, Germany, Japan, and other key exporters are among the countries from which India imports organic chemicals. A number of criteria, including product specialty, cost, and trade relationships, may impact the choice of sources. Organic chemical imports directly affect the pharmaceutical, textile, plastics, and agricultural industries.
The Indian chemical industry is a diversified sector that produces a wide range of chemicals, such as petrochemicals, agrochemicals, fertilizers, and polymer chemicals. The Indian chemicals sector is one of the most rapidly growing industries globally. It has reached the status of being the sixth-biggest chemical producer, with a market size of $178 billion in 2021.
Here are some of the chemicals that have high demand in India:
Green and environmentally friendly products are in high demand all across the world, including India. These chemicals are popular in both the consumer (eco-cosmetics, eco-food components and additives, bio-plastics, etc.) and industrial (eco-insecticides, eco-pesticides, bio-fertilizers, etc.) markets.
Polymers are also in huge demand in the Indian market as they are used in making plastic products, which usually contain polymers. Increased urbanization is another factor driving polymer consumption. So, it also plays a significant role in the chemical industry.
India is a major agricultural country, and there is a high demand for agrochemicals such as pesticides, herbicides, and fertilizers.
India is a global leader in the pharmaceutical industry, and as global health concerns spread, there is an increasing demand for pharmaceutical compounds. Pharmaceutical chemicals are the starting point for producing pharmaceutical goods like pills, ointments, capsules, and more.
India imports many chemicals, including petrochemicals and specialty chemicals. The specific chemicals imported change depending on the needs of the Indian economy and industries.
Following are some of the most imported chemicals in India:
This chemical is generally not produced in India and requires importation. Chemical importers obtain this commodity because it is mainly used to create rigid polyurethane in the plastics industry.
Cyclic hydrocarbon chemicals are heavily featured in the list of chemicals imported into India.
This sub-set of organic chemicals is also heavily imported into India. Acyclic alcohols and cyclic hydrocarbons are two of the nation's most imported organic compounds.
This chemical is widely used for numerous industrial processes. It is utilized in water treatment, the manufacture of soaps, and also in the food industry.
Like caustic soda, this chemical is widely used in multiple industries, including pharmaceuticals.
India's increasing demand for specialized chemicals is a significant component impacting India's imports of organic chemicals. Agrochemicals and pharmaceuticals are two sectors that require specific organic molecules with exceptional qualities.
India still has restrictions on its domestic production capacities, even with the industry's developments in organic chemicals. Infrastructure and cutting-edge technology may not be available nationwide to manufacture particular organic compounds. To close the gap between supply and demand, Indian producers are compelled to import specific chemicals.
Indian industries generally rely on foreign suppliers with the necessary knowledge and experience to develop these specialized chemicals to meet their needs.