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%).