The value of exports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" from India totalled $ 97 million in 2023. Sales of commodity group 1301 from India decreased by 26% in value terms compared to 2022. exports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" decreased by $ 35 million (cumulative exports of commodity group 1301 from India amounted $132 million in 2022)
Exports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" amounted to 0.022% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 1301 in total exports from India decreased by 0.006 p.p. compared to 2022 (it was 0.029% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 1301 amounted to 10.1% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $956 million in 2023). The share of exports of commodity group 1301 in sales of commodity group from India lowered by 2.02 p.p. compared to 2022 (it was 12.1% in 2022, and exports of commodity group from India were $1.08 billion).
Top export destinations of "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" from India in 2023:
The value of imports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" to India totalled $ 276 million in 2023. Sales of commodity group 1301 to India went up by 7.95% compared to 2022: imports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" went up by $ 20 million (the value of imports of commodity group 1301 to India was equal to $256 million in 2022)
Imports of commodity group 1301 "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)" accounted for 0.041% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 1301 in total imports to India increased by 0.006 p.p. compared to 2022 (it was 0.034% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 1301 reached 68% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $406 million in 2023). The share of purchases of commodity group 1301 in imports of commodity group to India went down by 1.12 p.p. compared to 2022 (it was 69% in 2022, and imports of commodity group to India accounted for $370 million).
Top trading partners (import of "Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)") of India in 2023: