India | Imports and Exports | World | Other bars and rods of stainless steel; angles, shapes and sections of stainless steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" from India totalled $ 1.15 billion in 2023. Sales of commodity group 7222 from India went up by 4.94% compared to 2022: exports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" went up by $ 54 million (cumulative exports of commodity group 7222 from India amounted $1.1 billion in 2022)
Exports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" amounted to 0.268% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 7222 in total exports from India increased by 0.024 p.p. compared to 2022 (it was 0.244% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 7222 amounted to 9.81% 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 7222 in sales of commodity group from India increased by 2.54 p.p. compared to 2022 (it was 7.26% in 2022, and exports of commodity group from India were $15.1 billion).
Where does India export Other bars and rods of stainless steel; angles, shapes and sections of stainless steel?
Top export destinations of "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" from India in 2023:
- Germany with a share of 12.2% (141 million US$)
- Turkey with a share of 9.44% (109 million US$)
- Italy with a share of 9.08% (105 million US$)
- Netherlands with a share of 7.97% (92 million US$)
- USA with a share of 7.06% (81 million US$)
- Belgium with a share of 6.25% (72 million US$)
- Poland with a share of 4.81% (55 million US$)
- Korea with a share of 4.49% (52 million US$)
- Mexico with a share of 3.53% (40 million US$)
- Russia with a share of 3.41% (39 million US$)
Exports structure of 7222 - Other bars and rods of stainless steel; angles, shapes and sections of stainless steel - from India in 2023 represented by the following main commodity groups:
- 46% (533 million US$): 722220 - Bars & rods of stainless steel, not further worked than cold-formed/cold-finished
- 17.9% (207 million US$): 722230 - Bars & rods of stainless steel, n.e.s. in 72.22
- 15.3% (178 million US$): 722240 - Angles, shapes & sections of stainless steel
- 13.9% (161 million US$): 722211 - Bars & rods of stainless steel, not further worked than hot-rolled/hot-drawn/extruded, of circular cross-section
- 6.68% (77 million US$): 722219 - Bars & rods of stainless steel, not further worked than hot-rolled/hot-drawn/extruded other than of circular cross-section
The value of imports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" to India totalled $ 101 million in 2023. Sales of commodity group 7222 to India went up by 6.06% compared to 2022: imports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" went up by $ 5.77 million (the value of imports of commodity group 7222 to India was equal to $95 million in 2022)
Imports of commodity group 7222 "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel" accounted for 0.015% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 7222 in total imports to India increased by 0.002 p.p. compared to 2022 (it was 0.013% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 7222 reached 0.534% 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 7222 in imports of commodity group to India went down by 0.034 p.p. compared to 2022 (it was 0.569% in 2022, and imports of commodity group to India accounted for $16.7 billion).
Where does India import Other bars and rods of stainless steel; angles, shapes and sections of stainless steel from?
Top trading partners (import of "Other bars and rods of stainless steel; angles, shapes and sections of stainless steel") of India in 2023:
- USA with a share of 14.3% (14.5 million US$)
- China with a share of 13.5% (13.7 million US$)
- Other Asia, nes with a share of 12% (12.1 million US$)
- Germany with a share of 10.8% (10.9 million US$)
- Italy with a share of 10.3% (10.4 million US$)
- Japan with a share of 10.1% (10.2 million US$)
- Sweden with a share of 4.61% (4.66 million US$)
- United Kingdom with a share of 4.53% (4.58 million US$)
- Austria with a share of 4.5% (4.55 million US$)
- France with a share of 3.15% (3.18 million US$)
Imports structure of 7222 - Other bars and rods of stainless steel; angles, shapes and sections of stainless steel - to India in 2023 represented by the following main commodity groups:
- 34% (35 million US$): 722220 - Bars & rods of stainless steel, not further worked than cold-formed/cold-finished
- 24% (24 million US$): 722211 - Bars & rods of stainless steel, not further worked than hot-rolled/hot-drawn/extruded, of circular cross-section
- 17.8% (17.9 million US$): 722230 - Bars & rods of stainless steel, n.e.s. in 72.22
- 12.8% (13 million US$): 722219 - Bars & rods of stainless steel, not further worked than hot-rolled/hot-drawn/extruded other than of circular cross-section
- 10% (10.1 million US$): 722240 - Angles, shapes & sections of stainless steel
