2022
Exports
$78.2MWorld Rnk 13 / 188
Flag Rnk 488 / 1212
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$96.8MWorld Rnk 21 / 222
Flag Rnk 470 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $78.2M in Iron Chains, making it the 13th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 488th most exported product in India. The main destination of Iron Chains exports from India are: United States ($16.5M), Germany ($8.91M), France ($4.1M), Colombia ($4.09M), and United Arab Emirates ($2.8M).

The fastest growing export markets for Iron Chains of India between 2021 and 2022 were Germany ($2.4M), Turkey ($1.17M), and United Arab Emirates ($1.1M).

Imports In 2022, India imported $96.8M in Iron Chains, becoming the 21st largest importer of Iron Chains in the world. At the same year, Iron Chains was the 470th most imported product in India. India imports Iron Chains primarily from: China ($49.9M), Germany ($12.2M), Japan ($9.29M), Chinese Taipei ($3.3M), and Thailand ($2.86M).

The fastest growing import markets in Iron Chains for India between 2021 and 2022 were Japan ($2.18M), United Arab Emirates ($2.11M), and Germany ($1.21M).

COMPANIES In 2023, leading companies such as CNH Industrial (16) and J.C. Bamford (4) were at the forefront of shipping Iron Chains from India to the United States.

Latest Trends

Sep 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 Iron Chains. 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)$78.2M
IMPORTS (2022)$96.8M
NET TRADE (2022)-$18.6M

In 2022, India exported $78.2M in Iron Chains. The main destinations of India exports on Iron Chains were United States ($16.5M), Germany ($8.91M), France ($4.1M), Colombia ($4.09M), and United Arab Emirates ($2.8M).

In 2022, India imported $96.8M in Iron Chains, mainly from China ($49.9M), Germany ($12.2M), Japan ($9.29M), Chinese Taipei ($3.3M), and Thailand ($2.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR India WERE (2021 - 2022):
Germany$2.4M (36.9%)
Turkey$1.17M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY India WERE (2021 - 2022):
Sri Lanka-$1.01M (-58.3%)
Belgium-$913k (-39.8%)
Nepal-$458k (-35.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, India's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.46M
TOP IMPORT POTENTIALChina+ $32M

Iron Chains’s highest export potential is United States. With an export gap of $9.46M.   Iron Chains’s highest import potential is China with an import gap of $32M.

See methodology.

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