2023
Exports
$28.8MWorld Rnk 14 / 118
Flag Rnk 678 / 1212
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$83.8MWorld Rnk 9 / 169
Flag Rnk 497 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $28.8M in Iron Powder, making it the 14th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 678th most exported product in India. The main destination of Iron Powder exports from India are: Japan ($7.61M), United States ($5.58M), China ($2.57M), Thailand ($1.84M), and South Korea ($1.67M).

The fastest growing export markets for Iron Powder of India between 2022 and 2023 were China ($571k), France ($425k), and South Korea ($406k).

Imports In 2023, India imported $83.8M in Iron Powder, becoming the 9th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 497th most imported product in India. India imports Iron Powder primarily from: China ($23.3M), Sweden ($13.5M), Japan ($8.86M), France ($6.69M), and Thailand ($6.36M).

The fastest growing import markets in Iron Powder for India between 2022 and 2023 were Japan ($5.94M), Sweden ($2.31M), and Italy ($799k).

COMPANIES In 2024, leading companies such as Brose Mechatronic Systems (7), SKF Group (6), and Stelfast (2) were at the forefront of shipping Iron Powder from India to the United States.

Latest Trends

Jan 2025

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 Powder. 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 (2023)$28.8M
IMPORTS (2023)$83.8M
NET TRADE (2023)-$54.9M

In 2023, India exported $28.8M in Iron Powder. The main destinations of India exports on Iron Powder were Japan ($7.61M), United States ($5.58M), China ($2.57M), Thailand ($1.84M), and South Korea ($1.67M).

In 2023, India imported $83.8M in Iron Powder, mainly from China ($23.3M), Sweden ($13.5M), Japan ($8.86M), France ($6.69M), and Thailand ($6.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR India WERE (2022 - 2023):
China$571k (28.6%)
France$425k (213%)
South Korea$406k (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY India WERE (2022 - 2023):
Oman-$58.5M (-99.7%)
Bangladesh-$10.8M (-98.4%)
United States-$2.88M (-34%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, India's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.3M
TOP IMPORT POTENTIALChina+ $10.1M

Iron Powder’s highest export potential is China. With an export gap of $7.3M.   Iron Powder’s highest import potential is China with an import gap of $10.1M.

See methodology.

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