2022
Exports
$101MWorld Rnk 12 / 171
Flag Rnk 423 / 1212
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$54.9MWorld Rnk 12 / 220
Flag Rnk 587 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $101M in Iron Nails, making it the 12th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 423rd most exported product in India. The main destination of Iron Nails exports from India are: United States ($82.6M), United Kingdom ($4.11M), United Arab Emirates ($2.06M), Canada ($1.46M), and Kuwait ($1.43M).

The fastest growing export markets for Iron Nails of India between 2021 and 2022 were United States ($33M), United Kingdom ($895k), and Kuwait ($820k).

Imports In 2022, India imported $54.9M in Iron Nails, becoming the 12th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 587th most imported product in India. India imports Iron Nails primarily from: China ($52.4M), Germany ($707k), Sri Lanka ($511k), Switzerland ($324k), and United Kingdom ($319k).

The fastest growing import markets in Iron Nails for India between 2021 and 2022 were China ($12.1M), United Kingdom ($269k), and Switzerland ($154k).

COMPANIES In 2023, leading companies such as At Home Procurement (5), Hilti Power Tools (2), and TE Connectivity (1) were at the forefront of shipping Iron Nails from India to the United States.

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 Iron Nails. 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)$101M
IMPORTS (2022)$54.9M
NET TRADE (2022)$46.3M

In 2022, India exported $101M in Iron Nails. The main destinations of India exports on Iron Nails were United States ($82.6M), United Kingdom ($4.11M), United Arab Emirates ($2.06M), Canada ($1.46M), and Kuwait ($1.43M).

In 2022, India imported $54.9M in Iron Nails, mainly from China ($52.4M), Germany ($707k), Sri Lanka ($511k), Switzerland ($324k), and United Kingdom ($319k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$33M (66.6%)
United Kingdom$895k (27.9%)
Kuwait$820k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY India WERE (2021 - 2022):
United Arab Emirates-$1.4M (-40.5%)
Haiti-$767k (-85.3%)
Sierra Leone-$539k (-79.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Iron Nails were:
In 2022, India's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.1M
TOP IMPORT POTENTIALChina+ $27.3M

Iron Nails’s highest export potential is United States. With an export gap of $12.1M.   Iron Nails’s highest import potential is China with an import gap of $27.3M.

See methodology.

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