Top India Trade Product Opportunities For Saudi Arabia
India's greatest trade product losses to Saudi Arabia during 2014 were for the products in the accompanying list. India racked up a $19.6 billion deficit in its trade with Saudi in 2014, down 19.1% from 2012.
Oil
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Crude oil:-$26.4 billion
2. Petroleum gases: -$1.5 billion
3. Asphalt/petroleum bitumen mixes: -$35,000
Organic chemicals
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Acyclic alcohols: -$537.4 million
2. Cyclic hydrocarbons: -$298.3 million
3. Unsaturated acyclic mono acids: -$58.8 million
4. Acyclic hydrocarbons: -$47.4 million
5. Ethers: -$43.5 million
6. Hydrocarbon derivatives: -$41.7 million
7. Amine-function compounds: -$33.9 million
8. Saturated acyclic mono acids: -$29.4 million
9. Epoxides: -$25.8 million
10. Amino-compounds (oxygen): -$13.5 million
Plastics
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Ethylene polymers: -$780.1 million
2. Propylene/olefin polymers: -$282.2 million
3. Polyacetal/ether/carbonates: -$29.9 million
4. Plastics waste, scrap: -$4.4 million
5. Vinyl chloride polymers: -$4.2 million
6. Plastic builders' items: -$88,000
Gems, precious metals, coins
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Diamonds (unmounted/unset): -$580.9 million
2. Gold (unwrought): -$127.3 million
Fertilizers
The products below earned the greatest
subcategory surpluses for India versus
Saudi Arabia.
Fertilizer mixes
(nitrogen/phosphorous/potassium):
-$527.4 million
Inorganic chemicals
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Ammonia: -$302.3 million
2. Sodium/potash hydroxide, peroxide: -$9.3 million
3. Zinc oxide/peroxide: -$437,000
4. Titanium oxide: -$104,000
5. Cyanide, cyanide oxides: -$14,000
Aluminum
The products below earned the greatest
subcategory surpluses for India versus
Saudi Arabia.
Aluminum waste, scrap: -$203.4 million
Copper
The products below earned the greatest
subcategory surpluses for India versus
Saudi Arabia.
Copper waste, scrap: -$133.2 million
Raw hides excluding furskins
The products below earned the greatest subcategory deficits for India versus Saudi Arabia.
1. Sheep/lamb skin leather: -$25.4 million
2. Goat/kidskin leather: -$15.0 million
3. Sheep/lamb rawhides, skins: -$3.6 million
4. Bovine/equine rawhides, skins: -$3.4 million
5. Bovine/equine leather: -$2.4 million
6. Miscellaneous rawhides, skins: -$166,000
7. Composition leather: -$22,000
Woodpulp
The products below earned the greatest
subcategory deficits for India versus Saudi Arabia.
1. Paper/paperboard waste, scrap: -$33.1 million
2. Chemical woodpulp (non-dissolving): -$83,000
Other chemical goods
The products below earned the greatest
subcategory surpluses for India versus
Saudi Arabia.
Mixed alkylbenzenes, alkylnaphthalenes:
-$69.4 million
Fastest-Growing Indian Trade Product Deficits Versus Saudi Arabia 2014
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis
