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%).