# India HS 040229 exports | Yugalinks

Explore reported HS 040229 exports from India: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | India |
| HS6 | 040229 |
| Latest exports | $9.6M |
| Active destinations | 32 |
| Three-year growth | +1.8% |
| Destination HHI | 2,996 |
| Weighted share | 79.6% |

## Destination markets

- United Arab Emirates: $250.9K; share 2%; growth +9.8%

## Price intelligence

- Highest reported market price: Oman at $67.0K / ton.
- Lowest reported market price: South Africa at $285.7 / ton.
- Median reported price: $4.8K / ton.
- Price spread: 1,395.1%.

## Export history

- 2010: $11.1M
- 2011: $4.1M
- 2012: $3.1M
- 2013: $22.1M
- 2014: $15.7M
- 2015: $6.3M
- 2016: $4.7M
- 2017: $8.4M
- 2018: $12.5M
- 2019: $12.5M
- 2020: $10.3M
- 2021: $7.7M
- 2022: $9.3M
- 2023: $8.2M
- 2024: $8.2M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ind/040229",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040229",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/040229",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040229",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 117,
    "current_lane_count": 32,
    "active_market_count": 32,
    "exports_latest_observed_lanes_usd": 9594116.180414835,
    "exports_current_2024_usd": 8162485.426591993,
    "exports_avg_3y_usd": 8567438.495218588,
    "exports_avg_5y_usd": 8741456.33646502,
    "exports_avg_10y_usd": 8806879.513005659,
    "exports_cagr_3y_pct": 1.8192026677028572,
    "exports_cagr_5y_pct": -8.103515963728158,
    "exports_cagr_10y_pct": -6.3244545752958565,
    "exports_all_year_lane_avg_usd": 14271965.544314181,
    "exports_historical_lane_peak_usd": 56937677.19987754,
    "historical_peak_year": 2013,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": 8.143657242998714,
    "trend_label": "Stable",
    "top_market_iso3": "BTN",
    "top_market_exports_usd": 3712004.8139231666,
    "top_market_share_pct": 38.69043009402733,
    "destination_hhi": 2995.8393882804075,
    "weighted_share_latest_pct": 79.58850670620299,
    "weighted_share_change_1y_pp": 1.7667552899523673,
    "weighted_volatility_cv": 0.8992706820988952,
    "weighted_max_drawdown_pct": 91.29008278476765,
    "limited_history_lane_share_pct": 42.73504273504273,
    "data_freshness_years": 0,
    "coverage_score": 96,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 40229,
      "hs_description": "Dairy produce: milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
      "hs_chapter": 4,
      "hs_heading": 402,
      "substitution_elasticity": -2.5367713,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402,
    "destinations": [
      {
        "hs_code": 40229,
        "corridor_rank": 64,
        "exporter_iso3": "IND",
        "importer_iso3": "ARE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 250910.02449581606,
        "exports_all_year_avg_usd": 588656.0988942255,
        "exports_avg_3y_usd": 299697.6386356448,
        "exports_avg_5y_usd": 233265.27419792983,
        "exports_avg_10y_usd": 180140.71918792085,
        "exports_cagr_3y_pct": 9.809005510535385,
        "exports_cagr_5y_pct": 19.371800330934484,
        "exports_cagr_10y_pct": -14.679940491415188,
        "exports_historical_peak_usd": 2843005.3494946174,
        "buyer_imports_latest_observed_usd": 12365878.75175197,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 24.488946001950573,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 4.3828,
        "buyer_yoy_all_avg_pct": 60.4021,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.0290513074961827,
        "market_share_change_1y_pp": 1.8599564618300184,
        "peer_best_share_pct": 55.18184913449129,
        "peer_top_exporter": "SAU",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 3678.4,
        "distance_km": 2312.870849609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05214629114545451,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.4230760938184766,
        "max_drawdown_pct": 99.5482274398293,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "IND",
      "hs_code": 40229,
      "num_markets": 63,
      "highest_price_importer_iso3": "OMN",
      "highest_price_usd_per_ton": 66979.59183673469,
      "lowest_price_importer_iso3": "ZAF",
      "lowest_price_usd_per_ton": 285.7142857142857,
      "median_price_across_markets": 4780.487804878048,
      "price_spread_pct": 1395.1270304039983,
      "avg_quantity_metric_tons": 79.29948550724637,
      "total_trade_value_usd": 50807608
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 11108272.423929669,
        "active_destinations": 41,
        "yoy_growth_pct": -5.809811693677236
      },
      {
        "year": 2011,
        "export_value_usd": 4123097.4246818474,
        "active_destinations": 26,
        "yoy_growth_pct": -62.882640366293266
      },
      {
        "year": 2012,
        "export_value_usd": 3071956.18350022,
        "active_destinations": 29,
        "yoy_growth_pct": -25.493970501139373
      },
      {
        "year": 2013,
        "export_value_usd": 22107759.31560663,
        "active_destinations": 42,
        "yoy_growth_pct": 619.6638882530158
      },
      {
        "year": 2014,
        "export_value_usd": 15687730.299472734,
        "active_destinations": 38,
        "yoy_growth_pct": -29.039709201111926
      },
      {
        "year": 2015,
        "export_value_usd": 6257419.522967845,
        "active_destinations": 23,
        "yoy_growth_pct": -60.112652349854855
      },
      {
        "year": 2016,
        "export_value_usd": 4726465.326417308,
        "active_destinations": 23,
        "yoy_growth_pct": -24.46622271259219
      },
      {
        "year": 2017,
        "export_value_usd": 8428388.500591444,
        "active_destinations": 25,
        "yoy_growth_pct": 78.32329063080671
      },
      {
        "year": 2018,
        "export_value_usd": 12494692.951068962,
        "active_destinations": 41,
        "yoy_growth_pct": 48.245337174385995
      },
      {
        "year": 2019,
        "export_value_usd": 12454547.146685923,
        "active_destinations": 35,
        "yoy_growth_pct": -0.3213028486594772
      },
      {
        "year": 2020,
        "export_value_usd": 10272227.346457258,
        "active_destinations": 17,
        "yoy_growth_pct": -17.52227338759054
      },
      {
        "year": 2021,
        "export_value_usd": 7732738.850212077,
        "active_destinations": 30,
        "yoy_growth_pct": -24.72188757700163
      },
      {
        "year": 2022,
        "export_value_usd": 9327013.91345633,
        "active_destinations": 34,
        "yoy_growth_pct": 20.617210720888746
      },
      {
        "year": 2023,
        "export_value_usd": 8212816.145607443,
        "active_destinations": 34,
        "yoy_growth_pct": -11.945921579911067
      },
      {
        "year": 2024,
        "export_value_usd": 8162485.426591994,
        "active_destinations": 32,
        "yoy_growth_pct": -0.612831434712773
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "IND",
      "exports_usd": 434173960378.9284,
      "imports_usd": 655633798252.7068,
      "trade_balance_usd": -221459837873.77838,
      "yoy_exports_growth_pct": -0.4597647673187044,
      "yoy_imports_growth_pct": 3.141857930370473,
      "exports_cagr_3y_pct": 3.047988495812537,
      "imports_cagr_3y_pct": 5.610533611541824,
      "export_partner_hhi": 534.4833947020102,
      "export_product_hhi": 182.66834548021453,
      "momentum_score": 0.592561211620668,
      "risk_score": 3.585758700911123,
      "gdp_million_usd": 3909891.5338580837,
      "gdp_per_capita_usd": 2694.737808599611,
      "population": 1450935791,
      "labor_force": 525944.31,
      "investment_rate_pct": 35.67,
      "savings_rate_pct": 30.91,
      "secondary_education_pct": 63.75,
      "tertiary_education_pct": 12.09,
      "total_factor_productivity": 427.46,
      "trade_openness_pct": 24.889166772254217,
      "exports_gdp_pct": 9.915719559208833,
      "num_active_partners": 270,
      "num_fta_partners": 23,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 7,
      "num_shared_language_partners": 78,
      "avg_partner_distance_km": 7858.9876543209875,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 8.518518518518519,
      "pct_partners_shared_language": 28.888888888888886,
      "pct_partners_shared_border": 2.5925925925925926,
      "avg_applied_tariff_pct": 0.1297573295202524,
      "avg_mfn_tariff_pct": 0.13459077035606443,
      "avg_preferential_tariff_pct": 0.05939930331831677,
      "tariff_advantage_pp": 0.07519146703774765,
      "avg_distance_all_partners_km": 7969.760429150705,
      "num_border_partners": 186,
      "num_colonial_partners": 30,
      "avg_substitution_elasticity": -10.894661745572911,
      "pct_products_high_elasticity": 75.95260223048327,
      "pct_products_low_elasticity": 2.6719330855018586,
      "real_market_potential": 262040.05532200352,
      "foreign_market_potential": 21532.526735863987
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040229",
    "hs_description": "Dairy produce: milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402
  },
  "destinations": [
    {
      "hs_code": 40229,
      "corridor_rank": 64,
      "exporter_iso3": "IND",
      "importer_iso3": "ARE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 250910.02449581606,
      "exports_all_year_avg_usd": 588656.0988942255,
      "exports_avg_3y_usd": 299697.6386356448,
      "exports_avg_5y_usd": 233265.27419792983,
      "exports_avg_10y_usd": 180140.71918792085,
      "exports_cagr_3y_pct": 9.809005510535385,
      "exports_cagr_5y_pct": 19.371800330934484,
      "exports_cagr_10y_pct": -14.679940491415188,
      "exports_historical_peak_usd": 2843005.3494946174,
      "buyer_imports_latest_observed_usd": 12365878.75175197,
      "historical_peak_year": 2013,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": 24.488946001950573,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 4.3828,
      "buyer_yoy_all_avg_pct": 60.4021,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 2.0290513074961827,
      "market_share_change_1y_pp": 1.8599564618300184,
      "peer_best_share_pct": 55.18184913449129,
      "peer_top_exporter": "SAU",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 3678.4,
      "distance_km": 2312.870849609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.05214629114545451,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.4230760938184766,
      "max_drawdown_pct": 99.5482274398293,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "IND",
    "hs_code": 40229,
    "num_markets": 63,
    "highest_price_importer_iso3": "OMN",
    "highest_price_usd_per_ton": 66979.59183673469,
    "lowest_price_importer_iso3": "ZAF",
    "lowest_price_usd_per_ton": 285.7142857142857,
    "median_price_across_markets": 4780.487804878048,
    "price_spread_pct": 1395.1270304039983,
    "avg_quantity_metric_tons": 79.29948550724637,
    "total_trade_value_usd": 50807608
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      "year": 2010,
      "export_value_usd": 11108272.423929669,
      "active_destinations": 41,
      "yoy_growth_pct": -5.809811693677236
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    {
      "year": 2011,
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      "year": 2012,
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      "yoy_growth_pct": -25.493970501139373
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    {
      "year": 2013,
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      "yoy_growth_pct": 619.6638882530158
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    {
      "year": 2014,
      "export_value_usd": 15687730.299472734,
      "active_destinations": 38,
      "yoy_growth_pct": -29.039709201111926
    },
    {
      "year": 2015,
      "export_value_usd": 6257419.522967845,
      "active_destinations": 23,
      "yoy_growth_pct": -60.112652349854855
    },
    {
      "year": 2016,
      "export_value_usd": 4726465.326417308,
      "active_destinations": 23,
      "yoy_growth_pct": -24.46622271259219
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    {
      "year": 2017,
      "export_value_usd": 8428388.500591444,
      "active_destinations": 25,
      "yoy_growth_pct": 78.32329063080671
    },
    {
      "year": 2018,
      "export_value_usd": 12494692.951068962,
      "active_destinations": 41,
      "yoy_growth_pct": 48.245337174385995
    },
    {
      "year": 2019,
      "export_value_usd": 12454547.146685923,
      "active_destinations": 35,
      "yoy_growth_pct": -0.3213028486594772
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    {
      "year": 2020,
      "export_value_usd": 10272227.346457258,
      "active_destinations": 17,
      "yoy_growth_pct": -17.52227338759054
    },
    {
      "year": 2021,
      "export_value_usd": 7732738.850212077,
      "active_destinations": 30,
      "yoy_growth_pct": -24.72188757700163
    },
    {
      "year": 2022,
      "export_value_usd": 9327013.91345633,
      "active_destinations": 34,
      "yoy_growth_pct": 20.617210720888746
    },
    {
      "year": 2023,
      "export_value_usd": 8212816.145607443,
      "active_destinations": 34,
      "yoy_growth_pct": -11.945921579911067
    },
    {
      "year": 2024,
      "export_value_usd": 8162485.426591994,
      "active_destinations": 32,
      "yoy_growth_pct": -0.612831434712773
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "IND",
    "exports_usd": 434173960378.9284,
    "imports_usd": 655633798252.7068,
    "trade_balance_usd": -221459837873.77838,
    "yoy_exports_growth_pct": -0.4597647673187044,
    "yoy_imports_growth_pct": 3.141857930370473,
    "exports_cagr_3y_pct": 3.047988495812537,
    "imports_cagr_3y_pct": 5.610533611541824,
    "export_partner_hhi": 534.4833947020102,
    "export_product_hhi": 182.66834548021453,
    "momentum_score": 0.592561211620668,
    "risk_score": 3.585758700911123,
    "gdp_million_usd": 3909891.5338580837,
    "gdp_per_capita_usd": 2694.737808599611,
    "population": 1450935791,
    "labor_force": 525944.31,
    "investment_rate_pct": 35.67,
    "savings_rate_pct": 30.91,
    "secondary_education_pct": 63.75,
    "tertiary_education_pct": 12.09,
    "total_factor_productivity": 427.46,
    "trade_openness_pct": 24.889166772254217,
    "exports_gdp_pct": 9.915719559208833,
    "num_active_partners": 270,
    "num_fta_partners": 23,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 7,
    "num_shared_language_partners": 78,
    "avg_partner_distance_km": 7858.9876543209875,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 8.518518518518519,
    "pct_partners_shared_language": 28.888888888888886,
    "pct_partners_shared_border": 2.5925925925925926,
    "avg_applied_tariff_pct": 0.1297573295202524,
    "avg_mfn_tariff_pct": 0.13459077035606443,
    "avg_preferential_tariff_pct": 0.05939930331831677,
    "tariff_advantage_pp": 0.07519146703774765,
    "avg_distance_all_partners_km": 7969.760429150705,
    "num_border_partners": 186,
    "num_colonial_partners": 30,
    "avg_substitution_elasticity": -10.894661745572911,
    "pct_products_high_elasticity": 75.95260223048327,
    "pct_products_low_elasticity": 2.6719330855018586,
    "real_market_potential": 262040.05532200352,
    "foreign_market_potential": 21532.526735863987
  }
}
```
