The organic chemicals industry is one of the fundamental pillars of the industry. It plays a pivotal role in industrial development by providing chemicals and intermediates as inputs to other industries like adhesives, paints, pharmaceuticals, dyestuffs and intermediates, leather chemicals, pesticides, etc. A few of the major organic chemicals manufactured in India are methanol, acetic acid, formaldehyde, pyridines, phenol, alkyl amines, ethyl acetate, and acetic anhydride.

Trade Summary: India's Export/Import of Organic Chemicals

• India's export of organic chemicals was $ 18.24 billion in the year 2018-19. CAGR growth for organic chemical exports was 14.95% for 2014-2019
• India's import of organic chemicals was $ 22.39 billion in the year 2018-19. CAGR growth for 2014-2019 for organic chemical imports was 9.64%
• Since the import value of organic chemicals was higher than the export, India is a net importer of organic chemicals.

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