2022
Exports
$173MWorld Rnk 7 / 148
Flag Rnk 336 / 1212
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$22.8MWorld Rnk 35 / 213
Flag Rnk 739 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $173M in Other Iron Bars, making it the 7th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 336th most exported product in India. The main destination of Other Iron Bars exports from India are: United Arab Emirates ($38.8M), Bahrain ($18.2M), Australia ($12.9M), United States ($9.53M), and Saudi Arabia ($9.1M).

The fastest growing export markets for Other Iron Bars of India between 2021 and 2022 were United Arab Emirates ($12M), Bahrain ($11.6M), and Australia ($8.04M).

Imports In 2022, India imported $22.8M in Other Iron Bars, becoming the 35th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 739th most imported product in India. India imports Other Iron Bars primarily from: Switzerland ($4.16M), Chinese Taipei ($3.53M), Romania ($2.3M), Italy ($1.89M), and South Korea ($1.87M).

The fastest growing import markets in Other Iron Bars for India between 2021 and 2022 were Switzerland ($2.66M), Romania ($1.05M), and China ($851k).

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 Other Iron Bars. 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)$173M
IMPORTS (2022)$22.8M
NET TRADE (2022)$151M

In 2022, India exported $173M in Other Iron Bars. The main destinations of India exports on Other Iron Bars were United Arab Emirates ($38.8M), Bahrain ($18.2M), Australia ($12.9M), United States ($9.53M), and Saudi Arabia ($9.1M).

In 2022, India imported $22.8M in Other Iron Bars, mainly from Switzerland ($4.16M), Chinese Taipei ($3.53M), Romania ($2.3M), Italy ($1.89M), and South Korea ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR India WERE (2021 - 2022):
Bahrain$11.6M (177%)
Australia$8.04M (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY India WERE (2021 - 2022):
South Korea-$4.39M (-99.5%)
Venezuela-$482k (-94.7%)
Iran-$375k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.2M
TOP IMPORT POTENTIALChina+ $2.58M

Other Iron Bars’s highest export potential is United States. With an export gap of $6.2M.   Other Iron Bars’s highest import potential is China with an import gap of $2.58M.

See methodology.

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