Hot-Rolled Iron in India 2021 Exports | Imports : $5.23B | $862M, World Rnk 4 / 153 Rnk 11 / 1214 | World Rnk 26 / 212 Rnk 104 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $491M | $215M, Turkey | South Korea
2021 ECONOMIC COMPLEXITY of India: 0.61, Rnk 41 / 131
2021 PRODUCT COMPLEXITY IN Hot-Rolled Iron: 0.5, Rnk 368 / 1024
Exports In 2021, India exported $5.23B in Hot-Rolled Iron, making it the 4th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 11th most exported product in India. The main destination of Hot-Rolled Iron exports from India are: Vietnam ($1.29B), United Arab Emirates ($805M), Italy ($701M), Turkey ($491M), and Nepal ($278M).
The fastest growing export markets for Hot-Rolled Iron of India between 2020 and 2021 were Turkey ($491M), Italy ($445M), and United Arab Emirates ($406M).
Imports In 2021, India imported $862M in Hot-Rolled Iron, becoming the 26th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 104th most imported product in India. India imports Hot-Rolled Iron primarily from: South Korea ($696M), Germany ($35.6M), Japan ($35.3M), Indonesia ($30.9M), and France ($19M).
The fastest growing import markets in Hot-Rolled Iron for India between 2020 and 2021 were South Korea ($215M), France ($12.5M), and United Arab Emirates ($6.67M).
Jun 2023
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 Hot-Rolled Iron. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $5.23B
IMPORTS (2021): $862M
NET TRADE (2021): $4.36B
In 2021, India exported $5.23B in Hot-Rolled Iron. The main destinations of India exports on Hot-Rolled Iron were Vietnam ($1.29B), United Arab Emirates ($805M), Italy ($701M), Turkey ($491M), and Nepal ($278M).
In 2021, India imported $862M in Hot-Rolled Iron, mainly from South Korea ($696M), Germany ($35.6M), Japan ($35.3M), Indonesia ($30.9M), and France ($19M).
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR India WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY India WERE (2020 - 2021):
In 2021, India's main exporting competitors in Hot-Rolled Iron were:
In 2021, India's main importing competitors in Hot-Rolled Iron were:
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