Hot-Rolled Iron in India | The Observatory of Economic Complexity

About

Exports In 2022, India exported $2.85B in Hot-Rolled Iron, making it the 8th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 23rd most exported product in India. The main destination of Hot-Rolled Iron exports from India are: Italy ($483M), Turkey ($442M), United Arab Emirates ($384M), Vietnam ($354M), and Belgium ($170M).

The fastest growing export markets for Hot-Rolled Iron of India between 2021 and 2022 were Maldives ($15.5M), Austria ($11.5M), and Denmark ($9.76M).

Imports In 2022, India imported $1.24B in Hot-Rolled Iron, becoming the 20th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 80th most imported product in India. India imports Hot-Rolled Iron primarily from: South Korea ($802M), Russia ($123M), China ($85.2M), Japan ($84.1M), and Vietnam ($48.8M).

The fastest growing import markets in Hot-Rolled Iron for India between 2021 and 2022 were Russia ($123M), South Korea ($97.3M), and China ($77.2M).

Mar 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.85B

IMPORTS (2022)$1.24B

NET TRADE (2022)$1.61B

In 2022, India exported $2.85B in Hot-Rolled Iron. The main destinations of India exports on Hot-Rolled Iron were Italy ($483M), Turkey ($442M), United Arab Emirates ($384M), Vietnam ($354M), and Belgium ($170M).

In 2022, India imported $1.24B in Hot-Rolled Iron, mainly from South Korea ($802M), Russia ($123M), China ($85.2M), Japan ($84.1M), and Vietnam ($48.8M).