2022
Exports
$1.33BWorld Rnk 16 / 222
Flag Rnk 54 / 1212
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$1.13BWorld Rnk 17 / 225
Flag Rnk 87 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.33B in Other Iron Products, making it the 16th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 54th most exported product in India. The main destination of Other Iron Products exports from India are: United States ($458M), Germany ($88.1M), Thailand ($61.3M), United Kingdom ($59.5M), and United Arab Emirates ($47.9M).

The fastest growing export markets for Other Iron Products of India between 2021 and 2022 were United States ($33.1M), Canada ($11M), and United Arab Emirates ($8.65M).

Imports In 2022, India imported $1.13B in Other Iron Products, becoming the 17th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 87th most imported product in India. India imports Other Iron Products primarily from: China ($562M), United States ($78.3M), Italy ($77.3M), Germany ($63.4M), and South Korea ($63.1M).

The fastest growing import markets in Other Iron Products for India between 2021 and 2022 were China ($365M), Denmark ($14.8M), and Vietnam ($6.83M).

COMPANIES In 2023, leading companies such as General Motors (61), IKEA Group (53), and At Home Procurement (52) were at the forefront of shipping Other Iron Products from India to the United States.

Latest Trends

Jul 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 Other Iron Products. 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)$1.33B
IMPORTS (2022)$1.13B
NET TRADE (2022)$198M

In 2022, India exported $1.33B in Other Iron Products. The main destinations of India exports on Other Iron Products were United States ($458M), Germany ($88.1M), Thailand ($61.3M), United Kingdom ($59.5M), and United Arab Emirates ($47.9M).

In 2022, India imported $1.13B in Other Iron Products, mainly from China ($562M), United States ($78.3M), Italy ($77.3M), Germany ($63.4M), and South Korea ($63.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$33.1M (7.8%)
Canada$11M (36%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY India WERE (2021 - 2022):
Belgium-$13.6M (-31.1%)
Vietnam-$8.92M (-59.2%)
United Kingdom-$8.34M (-12.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $157M
TOP IMPORT POTENTIALChina+ $348M

Other Iron Products’s highest export potential is United States. With an export gap of $157M.   Other Iron Products’s highest import potential is China with an import gap of $348M.

See methodology.

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