2022
Exports
$1.8BWorld Rnk 9 / 208
Flag Rnk 38 / 1212
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$1.02BWorld Rnk 18 / 224
Flag Rnk 100 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.8B in Iron Structures, making it the 9th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 38th most exported product in India. The main destination of Iron Structures exports from India are: United States ($546M), Bangladesh ($184M), Singapore ($79.9M), United Kingdom ($77.3M), and Nepal ($57.5M).

The fastest growing export markets for Iron Structures of India between 2021 and 2022 were United States ($234M), Bangladesh ($124M), and Singapore ($30.9M).

Imports In 2022, India imported $1.02B in Iron Structures, becoming the 18th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 100th most imported product in India. India imports Iron Structures primarily from: United Arab Emirates ($485M), China ($363M), Kuwait ($48.3M), South Korea ($20.9M), and Vietnam ($13.9M).

The fastest growing import markets in Iron Structures for India between 2021 and 2022 were United Arab Emirates ($269M), China ($203M), and Kuwait ($35M).

COMPANIES In 2023, leading companies such as SIGMA Corp (2), Amazon (1), and Haas Automation (1) were at the forefront of shipping Iron Structures from India to the United States.

Latest Trends

Jul 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 Structures. 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)$1.8B
IMPORTS (2022)$1.02B
NET TRADE (2022)$773M

In 2022, India exported $1.8B in Iron Structures. The main destinations of India exports on Iron Structures were United States ($546M), Bangladesh ($184M), Singapore ($79.9M), United Kingdom ($77.3M), and Nepal ($57.5M).

In 2022, India imported $1.02B in Iron Structures, mainly from United Arab Emirates ($485M), China ($363M), Kuwait ($48.3M), South Korea ($20.9M), and Vietnam ($13.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$234M (74.9%)
Bangladesh$124M (207%)
Singapore$30.9M (62.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY India WERE (2021 - 2022):
United Kingdom-$49.9M (-39.2%)
Afghanistan-$18.3M (-100%)
Japan-$8.52M (-51.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, India's main importing competitors in Iron Structures were:

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $188M
TOP IMPORT POTENTIALChina+ $186M

Iron Structures’s highest export potential is United States. With an export gap of $188M.   Iron Structures’s highest import potential is China with an import gap of $186M.

See methodology.

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