2022
Exports
$219MWorld Rnk 30 / 175
Flag Rnk 293 / 1212
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$228MWorld Rnk 29 / 218
Flag Rnk 288 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $219M in Aluminium Bars, making it the 30th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 293rd most exported product in India. The main destination of Aluminium Bars exports from India are: Germany ($62.2M), United States ($44.3M), Italy ($14M), United Kingdom ($12.4M), and Canada ($11.1M).

The fastest growing export markets for Aluminium Bars of India between 2021 and 2022 were Germany ($41.2M), United States ($14.8M), and Italy ($4.71M).

Imports In 2022, India imported $228M in Aluminium Bars, becoming the 29th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 288th most imported product in India. India imports Aluminium Bars primarily from: China ($120M), Germany ($29.3M), South Korea ($19.3M), United Arab Emirates ($9.73M), and Malaysia ($6.64M).

The fastest growing import markets in Aluminium Bars for India between 2021 and 2022 were China ($34.6M), Germany ($7.99M), and Malaysia ($5.64M).

Latest Trends

May 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 Aluminium 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)$219M
IMPORTS (2022)$228M
NET TRADE (2022)-$9.14M

In 2022, India exported $219M in Aluminium Bars. The main destinations of India exports on Aluminium Bars were Germany ($62.2M), United States ($44.3M), Italy ($14M), United Kingdom ($12.4M), and Canada ($11.1M).

In 2022, India imported $228M in Aluminium Bars, mainly from China ($120M), Germany ($29.3M), South Korea ($19.3M), United Arab Emirates ($9.73M), and Malaysia ($6.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR India WERE (2021 - 2022):
Germany$41.2M (196%)
United States$14.8M (50.1%)
Italy$4.71M (50.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY India WERE (2021 - 2022):
Singapore-$2.01M (-45.8%)
Nepal-$1.44M (-24.9%)
Nigeria-$715k (-80.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, India's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.2M
TOP IMPORT POTENTIALChina+ $68.9M

Aluminium Bars’s highest export potential is United States. With an export gap of $30.2M.   Aluminium Bars’s highest import potential is China with an import gap of $68.9M.

See methodology.

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