What Are The Major Organic Chemicals For Export?
The top destinations for India’s organic chemicals include the USA, China, and Germany. These countries alone account for nearly 40% of India’s organic chemical export. India’s export share in these markets has witnessed a steady double-digit growth rate in the last decade. However, chemical market data shows, Saudi Arabia, with an AAGR of 58.7 % during 2005-09, is fast becoming one of the major importers of Indian organic chemicals. China is the only major global importer that remains underserved by Indian chemical suppliers. What Are India’s Top-5 Organic Chemical Export? India’s top-performing export products in the organic chemical sector include cyclic hydrocarbons, heterocyclic compounds, monocarboxylic acids, other nitrogen-function compounds, and oxygen-function amino-compound. 1. Cyclic Hydrocarbons Cyclic hydrocarbon is by far the biggest export item among organic chemicals. In 2017, India exported 1..7 million metric tonnes of cyclic hydrocarbons. Major exp