2018
Exports
$1.23BWorld Rnk 2 / 144
Flag Rnk 61 / 1212
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2018
Imports
$101MWorld Rnk 24 / 219
Flag Rnk 462 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2018, India exported $1.23B in Other Stainless Steel Bars, making it the 2nd largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 61st most exported product in India. The main destination of Other Stainless Steel Bars exports from India are: Turkey ($135M), Germany ($122M), Italy ($119M), Belgium ($97M), and Netherlands ($85.9M).

The fastest growing export markets for Other Stainless Steel Bars of India between 2021 and 2022 were Belgium ($31.1M), Italy ($30.8M), and Netherlands ($30.5M).

Imports In 2022, India imported $101M in Other Stainless Steel Bars, becoming the 24th largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 462nd most imported product in India. India imports Other Stainless Steel Bars primarily from: Chinese Taipei ($14.3M), Germany ($14.2M), Japan ($11.5M), China ($11.5M), and United States ($10.8M).

The fastest growing import markets in Other Stainless Steel Bars for India between 2021 and 2022 were United States ($5.63M), China ($4.92M), and Chinese Taipei ($3.57M).

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 Other Stainless Steel 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)$1.23B
IMPORTS (2022)$101M
NET TRADE (2022)$1.13B

In 2022, India exported $1.23B in Other Stainless Steel Bars. The main destinations of India exports on Other Stainless Steel Bars were Turkey ($135M), Germany ($122M), Italy ($119M), Belgium ($97M), and Netherlands ($85.9M).

In 2022, India imported $101M in Other Stainless Steel Bars, mainly from Chinese Taipei ($14.3M), Germany ($14.2M), Japan ($11.5M), China ($11.5M), and United States ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR India WERE (2021 - 2022):
Belgium$31.1M (47.1%)
Italy$30.8M (35.2%)
Netherlands$30.5M (55.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY India WERE (2021 - 2022):
Poland-$22.9M (-32.7%)
Ukraine-$7.72M (-74.7%)
Russia-$7.32M (-22.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.61B
Germany $1.02B
In 2022, India's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.3M
TOP IMPORT POTENTIALChina+ $11.8M

Other Stainless Steel Bars’s highest export potential is United States. With an export gap of $40.3M.   Other Stainless Steel Bars’s highest import potential is China with an import gap of $11.8M.

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