{ "purpose": "Maps the 12 fastest-growing/highest-value HSN import chapters to their top supplier countries (TRADESTAT), builds a cross-sector country-priority ranking, and checks PLI sub-scheme coverage per chapter.", "source": "TRADESTAT 'Commodity-wise, all countries' import report, 2-digit HS level, US$ Million, FY2025-26", "retrieved": "2026-07-18", "sectors": [ { "hs": "27", "name": "Mineral fuels & oils", "pli": "gap", "note": "No PLI \u2014 energy commodity, not a manufactured product.", "top_countries": [ { "country": "Russia", "fy2025_26": 47824.9, "share_pct": 23.5, "growth_pct": "-15.91" }, { "country": "UAE", "fy2025_26": 24272.88, "share_pct": 11.9, "growth_pct": "-1.89" }, { "country": "Iraq", "fy2025_26": 24146.03, "share_pct": 11.9, "growth_pct": "-15.85" }, { "country": "Saudi Arabia", "fy2025_26": 21788.12, "share_pct": 10.7, "growth_pct": "-5.27" }, { "country": "USA", "fy2025_26": 17315.21, "share_pct": 8.5, "growth_pct": "20.69" }, { "country": "Qatar", "fy2025_26": 10736.7, "share_pct": 5.3, "growth_pct": "-3.14" }, { "country": "Indonesia", "fy2025_26": 6604.64, "share_pct": 3.2, "growth_pct": "-22.68" }, { "country": "Kuwait", "fy2025_26": 6555.77, "share_pct": 3.2, "growth_pct": "2.52" } ] }, { "hs": "71", "name": "Pearls, gems & jewellery", "pli": "gap", "note": "No PLI \u2014 trade-facilitation (duty-free import-for-re-export) sector instead.", "top_countries": [ { "country": "UAE", "fy2025_26": 24825.69, "share_pct": 22.7, "growth_pct": "-8.34" }, { "country": "Switzerland", "fy2025_26": 20780.88, "share_pct": 19.0, "growth_pct": "12.91" }, { "country": "Hong Kong", "fy2025_26": 10006.25, "share_pct": 9.1, "growth_pct": "48.65" }, { "country": "Peru", "fy2025_26": 7993.21, "share_pct": 7.3, "growth_pct": "79.38" }, { "country": "USA", "fy2025_26": 6848.83, "share_pct": 6.3, "growth_pct": "29.45" }, { "country": "Ghana", "fy2025_26": 6026.43, "share_pct": 5.5, "growth_pct": "444.44" }, { "country": "United Kingdom", "fy2025_26": 5469.68, "share_pct": 5.0, "growth_pct": "129.57" }, { "country": "Thailand", "fy2025_26": 4367.11, "share_pct": 4.0, "growth_pct": "17.41" } ] }, { "hs": "85", "name": "Electrical machinery", "pli": "strong", "note": "ISM 2.0 (semiconductors) + PLI electronics/mobile/telecom/IT-hardware tracks; partial overlap with White Goods and ACC battery PLI.", "top_countries": [ { "country": "China", "fy2025_26": 46367.46, "share_pct": 44.2, "growth_pct": "21.93" }, { "country": "Hong Kong", "fy2025_26": 10492.8, "share_pct": 10.0, "growth_pct": "12.63" }, { "country": "Singapore", "fy2025_26": 6229.94, "share_pct": 5.9, "growth_pct": "15.46" }, { "country": "South Korea", "fy2025_26": 5717.28, "share_pct": 5.5, "growth_pct": "11.03" }, { "country": "USA", "fy2025_26": 5555.02, "share_pct": 5.3, "growth_pct": "64.22" }, { "country": "Ireland", "fy2025_26": 4992.17, "share_pct": 4.8, "growth_pct": "11.17" }, { "country": "Vietnam", "fy2025_26": 4885.8, "share_pct": 4.7, "growth_pct": "8.65" }, { "country": "Taiwan", "fy2025_26": 4339.87, "share_pct": 4.1, "growth_pct": "-20.49" } ] }, { "hs": "84", "name": "Machinery, mechanical appliances", "pli": "partial", "note": "White Goods PLI's core component target \u2014 AC compressors \u2014 is classified under this chapter, not HS85; no broader capital-goods PLI.", "top_countries": [ { "country": "China", "fy2025_26": 29450.97, "share_pct": 39.8, "growth_pct": "13.60" }, { "country": "Germany", "fy2025_26": 5547.74, "share_pct": 7.5, "growth_pct": "9.06" }, { "country": "USA", "fy2025_26": 4683.17, "share_pct": 6.3, "growth_pct": "5.79" }, { "country": "Singapore", "fy2025_26": 4280.95, "share_pct": 5.8, "growth_pct": "29.19" }, { "country": "Japan", "fy2025_26": 3892.48, "share_pct": 5.3, "growth_pct": "17.41" }, { "country": "Italy", "fy2025_26": 2455.35, "share_pct": 3.3, "growth_pct": "2.42" }, { "country": "South Korea", "fy2025_26": 2381.65, "share_pct": 3.2, "growth_pct": "3.73" }, { "country": "Malaysia", "fy2025_26": 2092.45, "share_pct": 2.8, "growth_pct": "-0.70" } ] }, { "hs": "29", "name": "Organic chemicals", "pli": "partial", "note": "PLI bulk-drugs/API track covers the pharma-intermediate subset only, not broad petrochemical imports.", "top_countries": [ { "country": "China", "fy2025_26": 11521.52, "share_pct": 45.3, "growth_pct": "0.40" }, { "country": "USA", "fy2025_26": 1756.64, "share_pct": 6.9, "growth_pct": "28.06" }, { "country": "Saudi Arabia", "fy2025_26": 1277.21, "share_pct": 5.0, "growth_pct": "-5.00" }, { "country": "South Korea", "fy2025_26": 1205.96, "share_pct": 4.7, "growth_pct": "-9.76" }, { "country": "Singapore", "fy2025_26": 1159.11, "share_pct": 4.6, "growth_pct": "-11.59" }, { "country": "Japan", "fy2025_26": 939.03, "share_pct": 3.7, "growth_pct": "-11.29" }, { "country": "Thailand", "fy2025_26": 924.29, "share_pct": 3.6, "growth_pct": "-23.18" }, { "country": "Taiwan", "fy2025_26": 860.67, "share_pct": 3.4, "growth_pct": "-29.42" } ] }, { "hs": "39", "name": "Plastics", "pli": "gap", "note": "No PLI identified.", "top_countries": [ { "country": "China", "fy2025_26": 6711.48, "share_pct": 30.2, "growth_pct": "5.94" }, { "country": "South Korea", "fy2025_26": 2121.3, "share_pct": 9.5, "growth_pct": "-7.42" }, { "country": "Singapore", "fy2025_26": 1496.31, "share_pct": 6.7, "growth_pct": "-2.19" }, { "country": "Thailand", "fy2025_26": 1492.84, "share_pct": 6.7, "growth_pct": "12.44" }, { "country": "USA", "fy2025_26": 1438.53, "share_pct": 6.5, "growth_pct": "-6.03" }, { "country": "Japan", "fy2025_26": 1199.79, "share_pct": 5.4, "growth_pct": "4.50" }, { "country": "UAE", "fy2025_26": 1195.78, "share_pct": 5.4, "growth_pct": "-10.03" }, { "country": "Saudi Arabia", "fy2025_26": 1120.78, "share_pct": 5.0, "growth_pct": "7.29" } ] }, { "hs": "15", "name": "Animal/veg fats & oils", "pli": "gap", "note": "No PLI \u2014 NMEO-Oilseeds/NMEO-OP are separate agri-mission mechanisms, not PLI.", "top_countries": [ { "country": "Indonesia", "fy2025_26": 3947.2, "share_pct": 19.9, "growth_pct": "-4.14" }, { "country": "Argentina", "fy2025_26": 3665.83, "share_pct": 18.5, "growth_pct": "24.35" }, { "country": "Malaysia", "fy2025_26": 3193.87, "share_pct": 16.1, "growth_pct": "16.13" }, { "country": "Russia", "fy2025_26": 1675.72, "share_pct": 8.5, "growth_pct": "-30.02" }, { "country": "Thailand", "fy2025_26": 1475.26, "share_pct": 7.5, "growth_pct": "99.05" }, { "country": "Nepal", "fy2025_26": 1071.95, "share_pct": 5.4, "growth_pct": "132.97" }, { "country": "Brazil", "fy2025_26": 1057.44, "share_pct": 5.3, "growth_pct": "35.06" }, { "country": "Ukraine", "fy2025_26": 787.35, "share_pct": 4.0, "growth_pct": "-7.62" } ] }, { "hs": "72", "name": "Iron & steel", "pli": "strong", "note": "PLI Specialty Steel 1.0/1.1 (\u20b944,106cr) + 1.2 (\u20b911,887cr, MoUs signed Feb 2026), targeting 42 million tonnes by FY2026-27 explicitly to cut imports.", "top_countries": [ { "country": "South Korea", "fy2025_26": 2589.6, "share_pct": 16.4, "growth_pct": "0.04" }, { "country": "Indonesia", "fy2025_26": 1666.96, "share_pct": 10.6, "growth_pct": "-14.26" }, { "country": "Japan", "fy2025_26": 1638.49, "share_pct": 10.4, "growth_pct": "-15.90" }, { "country": "China", "fy2025_26": 1571.0, "share_pct": 10.0, "growth_pct": "-34.07" }, { "country": "Vietnam", "fy2025_26": 878.68, "share_pct": 5.6, "growth_pct": "12.14" }, { "country": "USA", "fy2025_26": 676.87, "share_pct": 4.3, "growth_pct": "-19.26" }, { "country": "UAE", "fy2025_26": 646.71, "share_pct": 4.1, "growth_pct": "53.72" }, { "country": "Singapore", "fy2025_26": 486.02, "share_pct": 3.1, "growth_pct": "1.93" } ] }, { "hs": "90", "name": "Optical/medical instruments", "pli": "partial", "note": "PLI Medical Devices covers a subset; broader optical/measuring instruments are not targeted.", "top_countries": [ { "country": "China", "fy2025_26": 2752.64, "share_pct": 17.9, "growth_pct": "7.46" }, { "country": "USA", "fy2025_26": 2261.43, "share_pct": 14.7, "growth_pct": "11.58" }, { "country": "Germany", "fy2025_26": 1962.1, "share_pct": 12.7, "growth_pct": "15.98" }, { "country": "Singapore", "fy2025_26": 1295.94, "share_pct": 8.4, "growth_pct": "1.87" }, { "country": "Japan", "fy2025_26": 1197.77, "share_pct": 7.8, "growth_pct": "22.55" }, { "country": "Netherlands", "fy2025_26": 636.9, "share_pct": 4.1, "growth_pct": "23.19" }, { "country": "South Korea", "fy2025_26": 566.51, "share_pct": 3.7, "growth_pct": "10.27" }, { "country": "Hong Kong", "fy2025_26": 471.49, "share_pct": 3.1, "growth_pct": "23.99" } ] }, { "hs": "31", "name": "Fertilisers", "pli": "gap", "note": "No PLI \u2014 NIPU-2026 (urea capacity) is a separate investment-policy mechanism, not PLI.", "top_countries": [ { "country": "Russia", "fy2025_26": 3117.9, "share_pct": 21.3, "growth_pct": "69.46" }, { "country": "Saudi Arabia", "fy2025_26": 2397.39, "share_pct": 16.3, "growth_pct": "62.30" }, { "country": "China", "fy2025_26": 2336.7, "share_pct": 15.9, "growth_pct": "166.80" }, { "country": "Morocco", "fy2025_26": 1945.58, "share_pct": 13.3, "growth_pct": "141.16" }, { "country": "Oman", "fy2025_26": 843.67, "share_pct": 5.8, "growth_pct": "-21.10" }, { "country": "Qatar", "fy2025_26": 428.76, "share_pct": 2.9, "growth_pct": "105.74" }, { "country": "Indonesia", "fy2025_26": 377.8, "share_pct": 2.6, "growth_pct": "480.26" }, { "country": "UAE", "fy2025_26": 355.99, "share_pct": 2.4, "growth_pct": "46.21" } ] }, { "hs": "28", "name": "Inorganic chemicals", "pli": "gap", "note": "No PLI identified; adjacent to fertiliser raw materials (phosphoric/sulphuric acid) covered under NBS capacity expansion.", "top_countries": [ { "country": "UAE", "fy2025_26": 3359.27, "share_pct": 23.6, "growth_pct": "230.13" }, { "country": "Japan", "fy2025_26": 2188.78, "share_pct": 15.4, "growth_pct": "-13.65" }, { "country": "China", "fy2025_26": 1651.2, "share_pct": 11.6, "growth_pct": "29.56" }, { "country": "Jordan", "fy2025_26": 843.38, "share_pct": 5.9, "growth_pct": "14.97" }, { "country": "Indonesia", "fy2025_26": 737.18, "share_pct": 5.2, "growth_pct": "-2.64" }, { "country": "Morocco", "fy2025_26": 539.82, "share_pct": 3.8, "growth_pct": "43.74" }, { "country": "Senegal", "fy2025_26": 525.52, "share_pct": 3.7, "growth_pct": "5.83" }, { "country": "Oman", "fy2025_26": 440.73, "share_pct": 3.1, "growth_pct": "8.09" } ] }, { "hs": "88", "name": "Aircraft & spacecraft", "pli": "gap", "note": "No PLI \u2014 no aerospace-manufacturing incentive in the 14 PLI sectors.", "top_countries": [ { "country": "France", "fy2025_26": 3891.44, "share_pct": 28.2, "growth_pct": "42.93" }, { "country": "Germany", "fy2025_26": 2692.52, "share_pct": 19.5, "growth_pct": "-20.24" }, { "country": "USA", "fy2025_26": 1909.8, "share_pct": 13.9, "growth_pct": "14.74" }, { "country": "UAE", "fy2025_26": 1898.72, "share_pct": 13.8, "growth_pct": "-23.31" }, { "country": "Saudi Arabia", "fy2025_26": 702.49, "share_pct": 5.1, "growth_pct": "-16.39" }, { "country": "Seychelles", "fy2025_26": 339.07, "share_pct": 2.5, "growth_pct": "132.26" }, { "country": "Canada", "fy2025_26": 321.91, "share_pct": 2.3, "growth_pct": "98.09" }, { "country": "Kuwait", "fy2025_26": 290.95, "share_pct": 2.1, "growth_pct": "-45.86" } ] } ], "country_priority_ranking": [ { "country_display": "China", "total_exposure_usd_m": 102363.0, "n_sectors": 8, "top2_count": 5, "sectors": [ [ "85", "Electrical machinery", 46367.46, 44.2, 1 ], [ "84", "Machinery, mechanical appliances", 29450.97, 39.8, 1 ], [ "29", "Organic chemicals", 11521.52, 45.3, 1 ], [ "39", "Plastics", 6711.48, 30.2, 1 ], [ "72", "Iron & steel", 1571.0, 10.0, 4 ], [ "90", "Optical/medical instruments", 2752.64, 17.9, 1 ], [ "31", "Fertilisers", 2336.7, 15.9, 3 ], [ "28", "Inorganic chemicals", 1651.2, 11.6, 3 ] ] }, { "country_display": "UAE", "total_exposure_usd_m": 56555.0, "n_sectors": 7, "top2_count": 3, "sectors": [ [ "27", "Mineral fuels & oils", 24272.88, 11.9, 2 ], [ "71", "Pearls, gems & jewellery", 24825.69, 22.7, 1 ], [ "39", "Plastics", 1195.78, 5.4, 7 ], [ "72", "Iron & steel", 646.71, 4.1, 7 ], [ "31", "Fertilisers", 355.99, 2.4, 8 ], [ "28", "Inorganic chemicals", 3359.27, 23.6, 1 ], [ "88", "Aircraft & spacecraft", 1898.72, 13.8, 4 ] ] }, { "country_display": "Russia", "total_exposure_usd_m": 52618.5, "n_sectors": 3, "top2_count": 2, "sectors": [ [ "27", "Mineral fuels & oils", 47824.9, 23.5, 1 ], [ "15", "Animal/veg fats & oils", 1675.72, 8.5, 4 ], [ "31", "Fertilisers", 3117.9, 21.3, 1 ] ] }, { "country_display": "USA", "total_exposure_usd_m": 42445.5, "n_sectors": 9, "top2_count": 2, "sectors": [ [ "27", "Mineral fuels & oils", 17315.21, 8.5, 5 ], [ "71", "Pearls, gems & jewellery", 6848.83, 6.3, 5 ], [ "85", "Electrical machinery", 5555.02, 5.3, 5 ], [ "84", "Machinery, mechanical appliances", 4683.17, 6.3, 3 ], [ "29", "Organic chemicals", 1756.64, 6.9, 2 ], [ "39", "Plastics", 1438.53, 6.5, 5 ], [ "72", "Iron & steel", 676.87, 4.3, 6 ], [ "90", "Optical/medical instruments", 2261.43, 14.7, 2 ], [ "88", "Aircraft & spacecraft", 1909.8, 13.9, 3 ] ] }, { "country_display": "Saudi Arabia", "total_exposure_usd_m": 27286.0, "n_sectors": 5, "top2_count": 1, "sectors": [ [ "27", "Mineral fuels & oils", 21788.12, 10.7, 4 ], [ "29", "Organic chemicals", 1277.21, 5.0, 3 ], [ "39", "Plastics", 1120.78, 5.0, 8 ], [ "31", "Fertilisers", 2397.39, 16.3, 2 ], [ "88", "Aircraft & spacecraft", 702.49, 5.1, 5 ] ] }, { "country_display": "Iraq", "total_exposure_usd_m": 24146.0, "n_sectors": 1, "top2_count": 0, "sectors": [ [ "27", "Mineral fuels & oils", 24146.03, 11.9, 3 ] ] }, { "country_display": "Hong Kong", "total_exposure_usd_m": 20970.5, "n_sectors": 3, "top2_count": 1, "sectors": [ [ "71", "Pearls, gems & jewellery", 10006.25, 9.1, 3 ], [ "85", "Electrical machinery", 10492.8, 10.0, 2 ], [ "90", "Optical/medical instruments", 471.49, 3.1, 8 ] ] }, { "country_display": "Switzerland", "total_exposure_usd_m": 20780.9, "n_sectors": 1, "top2_count": 1, "sectors": [ [ "71", "Pearls, gems & jewellery", 20780.88, 19.0, 2 ] ] }, { "country_display": "Singapore", "total_exposure_usd_m": 14948.3, "n_sectors": 6, "top2_count": 0, "sectors": [ [ "85", "Electrical machinery", 6229.94, 5.9, 3 ], [ "84", "Machinery, mechanical appliances", 4280.95, 5.8, 4 ], [ "29", "Organic chemicals", 1159.11, 4.6, 5 ], [ "39", "Plastics", 1496.31, 6.7, 3 ], [ "72", "Iron & steel", 486.02, 3.1, 8 ], [ "90", "Optical/medical instruments", 1295.94, 8.4, 4 ] ] }, { "country_display": "South Korea", "total_exposure_usd_m": 14582.3, "n_sectors": 6, "top2_count": 2, "sectors": [ [ "85", "Electrical machinery", 5717.28, 5.5, 4 ], [ "84", "Machinery, mechanical appliances", 2381.65, 3.2, 7 ], [ "29", "Organic chemicals", 1205.96, 4.7, 4 ], [ "39", "Plastics", 2121.3, 9.5, 2 ], [ "72", "Iron & steel", 2589.6, 16.4, 1 ], [ "90", "Optical/medical instruments", 566.51, 3.7, 7 ] ] }, { "country_display": "Indonesia", "total_exposure_usd_m": 13333.8, "n_sectors": 5, "top2_count": 2, "sectors": [ [ "27", "Mineral fuels & oils", 6604.64, 3.2, 7 ], [ "15", "Animal/veg fats & oils", 3947.2, 19.9, 1 ], [ "72", "Iron & steel", 1666.96, 10.6, 2 ], [ "31", "Fertilisers", 377.8, 2.6, 7 ], [ "28", "Inorganic chemicals", 737.18, 5.2, 5 ] ] }, { "country_display": "Qatar", "total_exposure_usd_m": 11165.5, "n_sectors": 2, "top2_count": 0, "sectors": [ [ "27", "Mineral fuels & oils", 10736.7, 5.3, 6 ], [ "31", "Fertilisers", 428.76, 2.9, 6 ] ] }, { "country_display": "Japan", "total_exposure_usd_m": 11056.3, "n_sectors": 6, "top2_count": 1, "sectors": [ [ "84", "Machinery, mechanical appliances", 3892.48, 5.3, 5 ], [ "29", "Organic chemicals", 939.03, 3.7, 6 ], [ "39", "Plastics", 1199.79, 5.4, 6 ], [ "72", "Iron & steel", 1638.49, 10.4, 3 ], [ "90", "Optical/medical instruments", 1197.77, 7.8, 5 ], [ "28", "Inorganic chemicals", 2188.78, 15.4, 2 ] ] }, { "country_display": "Germany", "total_exposure_usd_m": 10202.4, "n_sectors": 3, "top2_count": 2, "sectors": [ [ "84", "Machinery, mechanical appliances", 5547.74, 7.5, 2 ], [ "90", "Optical/medical instruments", 1962.1, 12.7, 3 ], [ "88", "Aircraft & spacecraft", 2692.52, 19.5, 2 ] ] }, { "country_display": "Thailand", "total_exposure_usd_m": 8259.5, "n_sectors": 4, "top2_count": 0, "sectors": [ [ "71", "Pearls, gems & jewellery", 4367.11, 4.0, 8 ], [ "29", "Organic chemicals", 924.29, 3.6, 7 ], [ "39", "Plastics", 1492.84, 6.7, 4 ], [ "15", "Animal/veg fats & oils", 1475.26, 7.5, 5 ] ] }, { "country_display": "Peru", "total_exposure_usd_m": 7993.2, "n_sectors": 1, "top2_count": 0, "sectors": [ [ "71", "Pearls, gems & jewellery", 7993.21, 7.3, 4 ] ] }, { "country_display": "Kuwait", "total_exposure_usd_m": 6846.7, "n_sectors": 2, "top2_count": 0, "sectors": [ [ "27", "Mineral fuels & oils", 6555.77, 3.2, 8 ], [ "88", "Aircraft & spacecraft", 290.95, 2.1, 8 ] ] }, { "country_display": "Ghana", "total_exposure_usd_m": 6026.4, "n_sectors": 1, "top2_count": 0, "sectors": [ [ "71", "Pearls, gems & jewellery", 6026.43, 5.5, 6 ] ] }, { "country_display": "Vietnam", "total_exposure_usd_m": 5764.5, "n_sectors": 2, "top2_count": 0, "sectors": [ [ "85", "Electrical machinery", 4885.8, 4.7, 7 ], [ "72", "Iron & steel", 878.68, 5.6, 5 ] ] }, { "country_display": "United Kingdom", "total_exposure_usd_m": 5469.7, "n_sectors": 1, "top2_count": 0, "sectors": [ [ "71", "Pearls, gems & jewellery", 5469.68, 5.0, 7 ] ] } ], "pli_scheme_detail": { "white_goods": { "launched": "FY2021-22 through FY2028-29", "companies_selected": 85, "committed_investment_rs_cr": 11198, "cumulative_production_target_rs_cr": 190050, "incentive_rate_pct": "4-6% on incremental sales", "targeted_inputs": [ "compressors (HS84)", "copper tubes", "aluminium foils", "PCB assemblies", "BLDC motors", "service valves", "cross-flow fans" ], "hs_chapter_note": "AC compressors are classified under HS84 (machinery), not HS85 -- one of the few concrete levers touching the machinery chapter." }, "specialty_steel": { "pli_1_0_1_1_committed_rs_cr": 44106, "pli_1_2_launched": "November 2025", "pli_1_2_mou_signed": "9 February 2026", "pli_1_2_committed_rs_cr": 11887, "pli_1_2_projects": 85, "pli_1_2_companies": 55, "pli_1_2_new_capacity_mt": 8.7, "production_target_mt_by_fy2026_27": 42, "product_categories": [ "Steel Grades for Strategic Sector", "Commercial Grades Category 1", "Commercial Grades Category 2", "Coated & Wire Products" ] } } }