Tag: Global Trade Shifts

India: China accounts for 43% of $14 bn plastics trade deficit

Oct 17, 2026

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by

Manvendra Chauhan

in Naphtha, PET, Polyethylene, Polypropylene, Polystyrene, PTA, PVC, Recycled Plastics

Imports from China rise 10.6% to $6.3 bn, 28.6% of India’s plastics imports Raw materials make up $13.3 bn of the deficit; finished goods are close to balance India’s trade in plastics and articles (HS Chapter 39) ran a deficit of $14 billion in FY25, with imports of $22.1 billion against exports of $8.2 billion,…