HS Icon Hot-Rolled Stainless Steel Bars in  Flag India

2020
Exports | Imports
: $96.1M | $36.3M, World Rnk 9 / 67
Flag Rnk 362 / 1215 | World Rnk 12 / 146
Flag Rnk 590 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $11M | $264k, Netherlands |  Sweden


ECONOMIC COMPLEXITY of India
: 0.56, Rnk 40 / 127


PRODUCT COMPLEXITY  IN Hot-Rolled Stainless Steel Bars
: 1.74, Rnk 23 / 1028

Exports In 2020, India exported $96.1M in Hot-Rolled Stainless Steel Bars, making it the 9th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 362nd most exported product in India. The main destination of Hot-Rolled Stainless Steel Bars exports from India are: Italy ($18.2M), Germany ($16.8M), Netherlands ($11.8M), Brazil ($7.82M), and United Arab Emirates ($7.49M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of India between 2019 and 2020 were Netherlands ($11M), Italy ($7.2M), and United Arab Emirates ($3.78M).

Imports In 2020, India imported $36.3M in Hot-Rolled Stainless Steel Bars, becoming the 12th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 590th most imported product in India. India imports Hot-Rolled Stainless Steel Bars primarily from: South Korea ($16.2M), Chinese Taipei ($9.59M), China ($5.87M), Japan ($2.39M), and Sweden ($843k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for India between 2019 and 2020 were Sweden ($264k), Brazil ($169k), and United Kingdom ($95.9k).

Tariffs In 2018, the average tariff for India in Hot-Rolled Stainless Steel Bars was 8.17%. The countries with the highest import tariffs for Hot-Rolled Stainless Steel Bars were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Hot-Rolled Stainless Steel Bars. 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

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EXPORTS (2020): $96.1M

IMPORTS (2020): $36.3M

NET TRADE (2020): $59.9M

In 2020, India exported $96.1M in Hot-Rolled Stainless Steel Bars. The main destinations of India exports on Hot-Rolled Stainless Steel Bars were Italy ($18.2M), Germany ($16.8M), Netherlands ($11.8M), Brazil ($7.82M), and United Arab Emirates ($7.49M).

In 2020, India imported $36.3M in Hot-Rolled Stainless Steel Bars, mainly from South Korea ($16.2M), Chinese Taipei ($9.59M), China ($5.87M), Japan ($2.39M), and Sweden ($843k).

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IN 2020, India HAD A POSITIVE NET TRADE IN Hot-Rolled Stainless Steel Bars WITH:

IN 2020, India HAD A NEGATIVE NET TRADE IN Hot-Rolled Stainless Steel Bars WITH:

Flow

THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR India WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY India WERE (2019 - 2020):

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Market Concentration

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In 2019, India's main exporting competitors in Hot-Rolled Stainless Steel Bars were:

In 2019, India's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Tariffs by Country

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In 2018, the average tariff for India in Hot-Rolled Stainless Steel Bars was 8.17%.

The countries with the highest tariffs for Hot-Rolled Stainless Steel Bars in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).