2018
Exports
$3.74BWorld Rnk 4 / 129
Flag Rnk 14 / 1212
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2018
Imports
$1.31BWorld Rnk 9 / 172
Flag Rnk 76 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2018, India exported $3.74B in Ferroalloys, making it the 4th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 14th most exported product in India. The main destination of Ferroalloys exports from India are: China ($395M), United Arab Emirates ($369M), Italy ($310M), Japan ($302M), and South Korea ($232M).

The fastest growing export markets for Ferroalloys of India between 2021 and 2022 were United Arab Emirates ($124M), Turkey ($100M), and Egypt ($73.1M).

Imports In 2022, India imported $1.31B in Ferroalloys, becoming the 9th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 76th most imported product in India. India imports Ferroalloys primarily from: Indonesia ($247M), Bhutan ($225M), South Korea ($184M), China ($148M), and Singapore ($117M).

The fastest growing import markets in Ferroalloys for India between 2021 and 2022 were China ($92.4M), Brazil ($43.8M), and South Korea ($34.6M).

COMPANIES In 2023, leading companies such as Fred Meyer (3) were at the forefront of shipping Ferroalloys from India to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ferroalloys. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.74B
IMPORTS (2022)$1.31B
NET TRADE (2022)$2.42B

In 2022, India exported $3.74B in Ferroalloys. The main destinations of India exports on Ferroalloys were China ($395M), United Arab Emirates ($369M), Italy ($310M), Japan ($302M), and South Korea ($232M).

In 2022, India imported $1.31B in Ferroalloys, mainly from Indonesia ($247M), Bhutan ($225M), South Korea ($184M), China ($148M), and Singapore ($117M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR India WERE (2021 - 2022):
Turkey$100M (91.6%)
Egypt$73.1M (59.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY India WERE (2021 - 2022):
China-$49.4M (-11.1%)
Chinese Taipei-$46.1M (-20.7%)
Indonesia-$42.8M (-22.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Ferroalloys were:
In 2022, India's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $572M
TOP IMPORT POTENTIALIndonesia+ $175M

Ferroalloys’s highest export potential is China. With an export gap of $572M.   Ferroalloys’s highest import potential is Indonesia with an import gap of $175M.

See methodology.

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