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2022
Exports $225MWorld Rnk 7 / 78
Flag Rnk 286 / 1212
2022
Destination $32.9M Italy
2021 - 2022
FASTEST GROWING MARKET $32.9MItaly
2022
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars1.68Rnk 28 / 1025
2022
Imports $50MWorld Rnk 13 / 148
Flag Rnk 602 / 1206
2022
Origin $2.82MN/A
2021 - 2022
FASTEST GROWING ORIGIN $2.82MChinese Taipei
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $225M in Hot-Rolled Stainless Steel Bars, making it the 7th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 286th most exported product in India. The main destination of Hot-Rolled Stainless Steel Bars exports from India are: Italy ($64M), Germany ($26.6M), United Arab Emirates ($23.8M), Netherlands ($17.8M), and Finland ($14.1M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of India between 2021 and 2022 were Italy ($32.9M), Netherlands ($11.8M), and Austria ($6.75M).

Imports In 2022, India imported $50M in Hot-Rolled Stainless Steel Bars, becoming the 13th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 602nd most imported product in India. India imports Hot-Rolled Stainless Steel Bars primarily from: N/A.

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for India between 2021 and 2022 were Chinese Taipei ($2.82M), Japan ($1.69M), and United States ($253k).

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 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

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$50M
NET TRADE (2022)$175M

In 2022, India exported $225M in Hot-Rolled Stainless Steel Bars. The main destinations of India exports on Hot-Rolled Stainless Steel Bars were Italy ($64M), Germany ($26.6M), United Arab Emirates ($23.8M), Netherlands ($17.8M), and Finland ($14.1M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$32.9M (106%)
Netherlands$11.8M (199%)
Austria$6.75M (219%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY India WERE (2021 - 2022):
Russia-$5.75M (-99%)
Denmark-$1.47M (-83.4%)
Australia-$1.44M (-86.3%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
Chinese Taipei $449M
Italy $413M
Japan $392M
In 2022, India's main importing competitors in Hot-Rolled Stainless Steel Bars were:
Italy $427M
Germany $353M
China $311M

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.57M
TOP IMPORT POTENTIALChina+ $7.59M

Hot-Rolled Stainless Steel Bars’s highest export potential is Germany. With an export gap of $5.57M.   Hot-Rolled Stainless Steel Bars’s highest import potential is China with an import gap of $7.59M.

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