HS Icon Hot-Rolled Stainless Steel Bars in  Flag India

2021
Exports | Imports
: $148M | $69.7M, World Rnk 8 / 80
Flag Rnk 348 / 1214 | World Rnk 11 / 149
Flag Rnk 504 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $14.8M | $22.1M, United Arab Emirates |  China

2021
ECONOMIC COMPLEXITY of India
: 0.61, Rnk 41 / 131

2021
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
: 1.71, Rnk 25 / 1029

Exports In 2021, India exported $148M in Hot-Rolled Stainless Steel Bars, making it the 8th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 348th most exported product in India. The main destination of Hot-Rolled Stainless Steel Bars exports from India are: Italy ($31M), Germany ($24.5M), United Arab Emirates ($22.3M), Finland ($8.21M), and Mexico ($7.94M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of India between 2020 and 2021 were United Arab Emirates ($14.8M), Italy ($12.3M), and Germany ($7.69M).

Imports In 2021, India imported $69.7M in Hot-Rolled Stainless Steel Bars, becoming the 11th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 504th most imported product in India. India imports Hot-Rolled Stainless Steel Bars primarily from: China ($27.9M), South Korea ($19.5M), Chinese Taipei ($14.2M), Japan ($6.19M), and Sweden ($621k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for India between 2020 and 2021 were China ($22.1M), Chinese Taipei ($4.59M), and Japan ($3.8M).

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 treatment, 10%), Botswana (Most Favoured Nation duty rate treatment, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 10%), Cameroon (Most Favoured Nation duty rate treatment, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 10%).

Apr 2023

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 (2021): $148M

IMPORTS (2021): $69.7M

NET TRADE (2021): $78M

In 2021, India exported $148M in Hot-Rolled Stainless Steel Bars. The main destinations of India exports on Hot-Rolled Stainless Steel Bars were Italy ($31M), Germany ($24.5M), United Arab Emirates ($22.3M), Finland ($8.21M), and Mexico ($7.94M).

In 2021, India imported $69.7M in Hot-Rolled Stainless Steel Bars, mainly from China ($27.9M), South Korea ($19.5M), Chinese Taipei ($14.2M), Japan ($6.19M), and Sweden ($621k).

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THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR India WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY India WERE (2020 - 2021):

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Market Concentration

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In 2021, India's main exporting competitors in Hot-Rolled Stainless Steel Bars were:

In 2021, India's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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