The value of exports of commodity group 7202 "Ferro-alloys." from India totalled $ 3.03 billion in 2023. Sales of commodity group 7202 from India decreased by 14.7% in value terms compared to 2022. exports of commodity group 7202 "Ferro-alloys." decreased by $ 525 million (cumulative exports of commodity group 7202 from India amounted $3.56 billion in 2022)
Exports of commodity group 7202 "Ferro-alloys." amounted to 0.703% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 7202 in total exports from India decreased by 0.083 p.p. compared to 2022 (it was 0.786% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 7202 amounted to 25% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $11.8 billion in 2023). The share of exports of commodity group 7202 in sales of commodity group from India increased by 2.26 p.p. compared to 2022 (it was 23% in 2022, and exports of commodity group from India were $15.1 billion).
Where does India export Ferro-alloys.?
Top export destinations of "Ferro-alloys." from India in 2023:
- China with a share of 16.6% (505 million US$)
- Korea with a share of 8.44% (256 million US$)
- United Arab Emirates with a share of 7.34% (222 million US$)
- Italy with a share of 7.18% (218 million US$)
- Netherlands with a share of 5.92% (179 million US$)
- Japan with a share of 5.65% (171 million US$)
- Turkey with a share of 4.97% (151 million US$)
- Egypt with a share of 4.73% (143 million US$)
- Indonesia with a share of 4.29% (130 million US$)
- Other Asia, nes with a share of 3.7% (112 million US$)
Exports structure of 7202 - Ferro-alloys. - from India in 2023 represented by the following main commodity groups:
- 35% (1.07 billion US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 35% (1.06 billion US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 16.1% (490 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
- 4.06% (123 million US$): 720219 - Ferro-manganese, other than that cont. by wt. >2% of carbon, in granular/powder form
- 3.05% (92 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 1.96% (59 million US$): 720260 - Ferro-nickel, in granular/powder form
- 1.75% (53 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 1.06% (32 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 0.847% (25 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 0.253% (7.68 million US$): 720291 - Ferro-titanium & ferro-silico-titanium, in granular/powder form
The value of imports of commodity group 7202 "Ferro-alloys." to India totalled $ 1.11 billion in 2023. Sales of commodity group 7202 to India decreased by 24% in value terms compared to 2022. imports of commodity group 7202 "Ferro-alloys." decreased by $ 362 million (the value of imports of commodity group 7202 to India was equal to $1.47 billion in 2022)
Imports of commodity group 7202 "Ferro-alloys." accounted for 0.165% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 7202 in total imports to India decreased by 0.035 p.p. compared to 2022 (it was 0.201% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 7202 reached 5.88% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $18.9 billion in 2023). The share of purchases of commodity group 7202 in imports of commodity group to India went down by 2.92 p.p. compared to 2022 (it was 8.81% in 2022, and imports of commodity group to India accounted for $16.7 billion).
Where does India import Ferro-alloys. from?
Top trading partners (import of "Ferro-alloys.") of India in 2023:
- Indonesia with a share of 18% (200 million US$)
- Bhutan with a share of 16.4% (183 million US$)
- Brazil with a share of 14.4% (160 million US$)
- China with a share of 9.9% (110 million US$)
- Korea with a share of 8.48% (94 million US$)
- New Caledonia with a share of 4.93% (54 million US$)
- Russia with a share of 3.92% (43 million US$)
- Kazakhstan with a share of 2.86% (31 million US$)
- South Africa with a share of 2.43% (27 million US$)
- France with a share of 2.26% (25 million US$)
Imports structure of 7202 - Ferro-alloys. - to India in 2023 represented by the following main commodity groups:
- 27% (304 million US$): 720260 - Ferro-nickel, in granular/powder form
- 23% (261 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 14.1% (157 million US$): 720293 - Ferro-niobium, in granular/powder form
- 10.9% (122 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 6.84% (76 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 4.83% (53 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 3.41% (37 million US$): 720292 - Ferro-vanadium, in granular/powder form
- 2.71% (30 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 2.45% (27 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 1.44% (16 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form