Exports In 2022, India exported $16.8B in Iron & steel, making it the 11th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in India. The main destination of Iron & steel exports from India are: Italy ($1.91B), United Arab Emirates ($1.36B), United States ($1.08B), Turkey ($1.02B), and Nepal ($1B).
The fastest growing export markets for Iron & steel of India between 2021 and 2022 were United States ($385M), Egypt ($151M), and Canada ($84.6M).
Imports In 2022, India imported $16B in Iron & steel, becoming the 8th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 9th most imported product in India. India imports Iron & steel primarily from: South Korea ($2.74B), China ($1.94B), Indonesia ($1.41B), Japan ($1.24B), and United States ($1.04B).
The fastest growing import markets in Iron & steel for India between 2021 and 2022 were China ($785M), United States ($576M), and United Kingdom ($455M).
COMPANIES In 2023, leading companies such as At Home Procurement (14), Poclain Hydraulics (10), and Cinmar (9) were at the forefront of shipping Iron & steel from India to the United States.