2022
Exports
$104MWorld Rnk 18 / 207
Flag Rnk 418 / 1212
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$135MWorld Rnk 16 / 218
Flag Rnk 394 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $104M in Iron Springs, making it the 18th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 418th most exported product in India. The main destination of Iron Springs exports from India are: United States ($22.4M), Germany ($6.6M), United Arab Emirates ($6.58M), Australia ($6.38M), and United Kingdom ($6.27M).

The fastest growing export markets for Iron Springs of India between 2021 and 2022 were United States ($3.24M), Australia ($1.54M), and Canada ($1.3M).

Imports In 2022, India imported $135M in Iron Springs, becoming the 16th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 394th most imported product in India. India imports Iron Springs primarily from: Germany ($31.3M), China ($24.2M), Japan ($11.7M), United States ($10.9M), and South Korea ($7.76M).

The fastest growing import markets in Iron Springs for India between 2021 and 2022 were Germany ($3.43M), United States ($3.29M), and China ($1.83M).

COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Iron Springs from India to the United States.

Latest Trends

Oct 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 Springs. 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)$104M
IMPORTS (2022)$135M
NET TRADE (2022)-$31.4M

In 2022, India exported $104M in Iron Springs. The main destinations of India exports on Iron Springs were United States ($22.4M), Germany ($6.6M), United Arab Emirates ($6.58M), Australia ($6.38M), and United Kingdom ($6.27M).

In 2022, India imported $135M in Iron Springs, mainly from Germany ($31.3M), China ($24.2M), Japan ($11.7M), United States ($10.9M), and South Korea ($7.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$3.24M (16.9%)
Australia$1.54M (31.7%)
Canada$1.3M (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY India WERE (2021 - 2022):
Nepal-$2.27M (-41.2%)
Germany-$900k (-12%)
Poland-$711k (-14.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Iron Springs were:
In 2022, India's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.4M
TOP IMPORT POTENTIALChina+ $24.3M

Iron Springs’s highest export potential is United States. With an export gap of $14.4M.   Iron Springs’s highest import potential is China with an import gap of $24.3M.

See methodology.

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