HS Icon Hot-Rolled Stainless Steel Bars in  Flag India

2019
Exports | Imports
: $71.4M | $64.3M, World Rnk 9 / 71
Flag Rnk 429 / 1213 | World Rnk 10 / 158
Flag Rnk 512 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.53M | $3.09M, Germany |  Japan

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Hot-Rolled Stainless Steel Bars
: 1.78, Rnk 20 / 1029

Exports: In 2019, India exported $71.4M 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 429th most exported product in India. The main destination of Hot-Rolled Stainless Steel Bars exports from India are: Germany ($15.8M), Italy ($10.9M), Belgium ($10.7M), Brazil ($7.15M), and Finland ($4.04M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of India between 2018 and 2019 were Germany ($3.53M), Russia ($1.29M), and Switzerland ($598k).

Imports: In 2019, India imported $64.3M in Hot-Rolled Stainless Steel Bars, becoming the 10th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 512th most imported product in India. India imports Hot-Rolled Stainless Steel Bars primarily from: South Korea ($24.8M), China ($18.1M), Chinese Taipei ($12.3M), Japan ($5.03M), and United States ($1.23M).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for India between 2018 and 2019 were Japan ($3.09M), China ($1.71M), and Chinese Taipei ($847k).

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%).

Historical Data

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Value

EXPORTS (2019): $71.4M

IMPORTS (2019): $64.3M

NET TRADE (2019): $7.1M

In 2019, India exported $71.4M in Hot-Rolled Stainless Steel Bars. The main destinations of India exports on Hot-Rolled Stainless Steel Bars were Germany ($15.8M), Italy ($10.9M), Belgium ($10.7M), Brazil ($7.15M), and Finland ($4.04M).

In 2019, India imported $64.3M in Hot-Rolled Stainless Steel Bars, mainly from South Korea ($24.8M), China ($18.1M), Chinese Taipei ($12.3M), Japan ($5.03M), and United States ($1.23M).

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IN 2019, India HAD A POSITIVE NET TRADE IN Hot-Rolled Stainless Steel Bars WITH:

IN 2019, 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 (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY India WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, India's main exporting competitors in Hot-Rolled Stainless Steel Bars were:

In 2018, 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%).