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Chemicals Industry and Exports

Last Updated: November, 2021

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.

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

Key Markets and Export Destinations   

Total export of chemicals which include dyes and dye intermediates, organic chemicals, inorganic chemicals, agro-chemicals, cosmetics & toiletries, essential oil and castor oil stood at US$ 1.49 billion between April 2021 to July 2021.

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

The total organic & inorganic chemicals export accounted for US$ 11.52 billion from April 2021 to August 2021 and for August 2021 it was US$ 2.23 billion.

In FY21, the total organic & inorganic chemicals export accounted for US$ 22.20 billion.

Basic Chemicals, Cosmetics & Dyes 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, Cosmetics & Dyes Export Promotion Council, 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.

Recent News

Growth of chemical industry in India is expected to double to US$ 300 billion by 2025, clocking an annual growth rate of 15-20%. To achieve this, the Government is working on a draft chemical policy that will focus on meeting the rising demand for chemicals and reduce imports.

Source:

  • Directorate General of Commercial Intelligence and Statistics
  • Basic Chemicals, Cosmetics & Dyes Export Promotion Council
  • Department for Promotion of Industry and Internal Trade (DPIIT)

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

Exports Chemicals