Trade Analytics

Chemicals

Last Updated: October, 2017

Introduction

Basic chemicals and their related products (petrochemicals, fertilisers, paints, varnishes, glass, perfumes, toiletries, pharmaceuticals, etc.) constitute a significant part of the Indian economy. Among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products. In April-June 2017, total Foreign Direct Investments (FDI) in chemicals (excluding fertilisers) stood at US$ 679 million whereas cumulative FDI till June 2017 from April 2000 was US$ 13.972 billion.

India is the sixth largest producer of chemicals globally and third largest producer in Asia in terms of output. The country ranks third globally in the production of agro chemicals and contributes around 16 per cent to the global dyestuff and dye intermediates production.

Key Markets and Export Destinations

Total exports of dyes and dye intermediates, organic and inorganic chemicals, including agro chemicals, cosmetics and toiletries, essential oils, incense sticks and castor oil, stood at US$ 12.15 billionduring the year 2016-17.

The US, the UAE, the UK, Bangladesh and Saudi Arabia are the leading importers of cosmetics, toiletries and essential oils.

In the year 2016-17, exports of dyes and dye intermediaries increased 2.94per cent year-on-year to US$ 2.11 billion. During the period, exports of essential oils, cosmetics and toiletries increased 6.84 per cent to US$ 15.72 billion and exports of castor oil stood at US$ 676.43 million. Exports of inorganic, organic and agro chemicals stood at US$ 7.78 billion, an increase of 4.46 per cent year-on-year.

BASIC CHEMICALS, PHARMACEUTICALS AND COSMETICS EXPORT PROMOTION COUNCIL

The promotion of product groups such as dyes and dye intermediates, basic inorganic and organic chemicals, including agro-chemicals, cosmetics, toiletries, essential oils, incense sticks, castor oil and its derivatives, is handled by the Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council, which is popularly known as CHEMEXCIL. The Council organises promotional events and fairs to help exporters identify potential markets abroad and providing publicity and marketing back-up.

 

 

Total export for chemicals stood at US$ 12.15 billion during the year 2016-17.

Source:
Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council, Department of Industrial Policy and Promotion.

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Chemexcil

Jhansi Castle, 4th Floor
7, Cooperage Road,
Mumbai - 400001,
Maharashtra
India

Tel.:+91-22-22021288/22021330
Fax: +91-22-22026684
Email: info@chemexcil.gov.in
Website: www.chemexcil.gov.in

Total export for chemicals stood at US$ 12.15 billion during the year 2016-17.

Source:
Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council, Department of Industrial Policy and Promotion.

Exports

Chemicals