Tool Plates in India 2020 Exports | Imports : $104M | $166M, World Rnk 11 / 127 Rnk 347 / 1215 | World Rnk 8 / 186 Rnk 270 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.5M | $3.76M, United States | Sweden
Exports In 2020, India exported $104M in Tool Plates, making it the 11th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 347th most exported product in India. The main destination of Tool Plates exports from India are: United States ($34.3M), Belgium ($14.9M), Netherlands ($11.2M), Germany ($8.72M), and Singapore ($6.87M).
The fastest growing export markets for Tool Plates of India between 2019 and 2020 were United States ($11.5M), Turkey ($908k), and Canada ($860k).
Imports In 2020, India imported $166M in Tool Plates, becoming the 8th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 270th most imported product in India. India imports Tool Plates primarily from: China ($33.5M), Japan ($29.7M), Germany ($23.3M), South Korea ($22.8M), and Sweden ($17M).
The fastest growing import markets in Tool Plates for India between 2019 and 2020 were Sweden ($3.76M), Hong Kong ($309k), and Ireland ($137k).
Tariffs In 2018, the average tariff for India in Tool Plates was 8.19%. The countries with the highest import tariffs for Tool Plates were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).
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 Tool Plates. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $104M
IMPORTS (2020): $166M
NET TRADE (2020): -$61.9M
In 2020, India exported $104M in Tool Plates. The main destinations of India exports on Tool Plates were United States ($34.3M), Belgium ($14.9M), Netherlands ($11.2M), Germany ($8.72M), and Singapore ($6.87M).
In 2020, India imported $166M in Tool Plates, mainly from China ($33.5M), Japan ($29.7M), Germany ($23.3M), South Korea ($22.8M), and Sweden ($17M).
IN 2020, India HAD A POSITIVE NET TRADE IN Tool Plates WITH:
IN 2020, India HAD A NEGATIVE NET TRADE IN Tool Plates WITH:
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR India WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY India WERE (2019 - 2020):
In 2019, India's main exporting competitors in Tool Plates were:
In 2019, India's main importing competitors in Tool Plates were:
In 2018, the average tariff for India in Tool Plates was 8.19%.
The countries with the highest tariffs for Tool Plates in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).
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