2022
Exports | Imports
$1.39B | $176MWorld Rnk 6 / 119
Flag Rnk 50 / 1212
World Rnk 34 / 188
Flag Rnk 337 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron
-0.9Rnk 813 / 1025

About

Exports In 2022, India exported $1.39B in Semi-Finished Iron, making it the 6th largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 50th most exported product in India. The main destination of Semi-Finished Iron exports from India are: Nepal ($274M), Italy ($179M), Indonesia ($174M), Kenya ($157M), and United Arab Emirates ($96.7M).

The fastest growing export markets for Semi-Finished Iron of India between 2021 and 2022 were United Arab Emirates ($90M), Egypt ($64.5M), and Dominican Republic ($61.1M).

Imports In 2022, India imported $176M in Semi-Finished Iron, becoming the 34th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 337th most imported product in India. India imports Semi-Finished Iron primarily from: South Korea ($59M), Oman ($34M), Russia ($28.3M), Saudi Arabia ($11.7M), and China ($8.69M).

The fastest growing import markets in Semi-Finished Iron for India between 2021 and 2022 were South Korea ($58.9M), Russia ($27.9M), and Oman ($20M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Semi-Finished Iron from India to the United States.

Latest Trends

Feb 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 Semi-Finished Iron. 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)$1.39B
IMPORTS (2022)$176M
NET TRADE (2022)$1.22B

In 2022, India exported $1.39B in Semi-Finished Iron. The main destinations of India exports on Semi-Finished Iron were Nepal ($274M), Italy ($179M), Indonesia ($174M), Kenya ($157M), and United Arab Emirates ($96.7M).

In 2022, India imported $176M in Semi-Finished Iron, mainly from South Korea ($59M), Oman ($34M), Russia ($28.3M), Saudi Arabia ($11.7M), and China ($8.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR India WERE (2021 - 2022):
Egypt$64.5M (740k%)
Dominican Republic$61.1M (41.9M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY India WERE (2021 - 2022):
China-$783M (-94.9%)
Indonesia-$654M (-79%)
Nepal-$318M (-53.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, India's main importing competitors in Semi-Finished Iron were:

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Trade Value of Semi-Finished Iron by Exporters

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