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Exports In 2023, India exported $157M in Flat-Rolled Stainless Steel, making it the 11th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 344th most exported product in India. The main destination of Flat-Rolled Stainless Steel exports from India are: United States ($32.9M), Vietnam ($14.1M), Mexico ($11.8M), Germany ($10.6M), and Russia ($8.21M).
The fastest growing export markets for Flat-Rolled Stainless Steel of India between 2022 and 2023 were Russia ($5.55M), Romania ($2.37M), and China ($2.05M).
Imports In 2023, India imported $161M in Flat-Rolled Stainless Steel, becoming the 10th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 349th most imported product in India. India imports Flat-Rolled Stainless Steel primarily from: China ($50.6M), Japan ($38.3M), South Korea ($19.4M), Finland ($9.35M), and Malaysia ($7.86M).
The fastest growing import markets in Flat-Rolled Stainless Steel for India between 2022 and 2023 were Belgium ($3.97M), Spain ($1.66M), and France ($1.06M).
COMPANIES In 2024, leading companies such as IKEA Group (41), Poclain Hydraulics (8), and BJ's Wholesale Club (1) were at the forefront of shipping Flat-Rolled Stainless Steel from India to the United States.
