From the point of view of pesticide production, domestic demand and export scale, the gap between India and China is still large. From the industry chain level, India's overall chemical infrastructure is underdeveloped and lack of regulation of environmental pollution, the key chemical raw materials and intermediate products import dependence is high, while China's overall chemical production capacity of large-scale, sound industry chain, fine chemical industry will be into a high level, the ability to continue to update the product.
However, it should not be ignored that India is using its low-cost, rapid imitation and other advantages to enhance the global share; the development of India's agrochemical industry and its pharmaceutical industry capital-intensive, high unit price of the product, employing small-scale features such as similarities.
After 2020, China's share of U.S. pesticide imports continued to decline significantly, while India's rapid rise; at the same time, the U.S. share of China's pesticide exports declined significantly, while the share of India's pesticide exports increased significantly. However, China's overall exports and the proportion of global pesticide exports still continue to improve, indicating that the competitive advantage of China's pesticide industry is still in the short term and more difficult to be replaced.
