India | Imports and Exports | World | Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers and similar articles, of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 7318. Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel | India | World | Exports | Value (US$) | 584,743,171.00 | 803,477,259.00 | 982,799,887.00 | 552,016,647.00 | 459,202,449.00 | 487,499,776.27 | 580,176,550.66 | 588,178,449.42 | 468,734,735.30 | 719,697,921.40 | 833,368,225.86 | 801,484,108.89 |
| Value Growth, YoY (%) | 9.62 | 37.40 | 22.31 | -43.83 | -16.81 | 6.16 | 19.01 | 1.37 | -20.30 | 53.54 | 15.79 | -3.82 | ||||
| Imports | Value (US$) | 746,724,377.00 | 729,694,725.00 | 721,679,410.00 | 691,171,321.00 | 692,380,611.00 | 807,603,291.17 | 951,358,821.92 | 854,254,171.13 | 608,188,697.75 | 869,883,156.12 | 961,290,547.96 | 1,095,238,404.12 | |||
| Value Growth, YoY (%) | 10.52 | -2.28 | -1.09 | -4.22 | 0.17 | 16.64 | 17.80 | -10.20 | -28.80 | 43.02 | 10.50 | 13.93 |
The value of exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from India totalled $ 801 million in 2023. Sales of commodity group 7318 from India decreased by 3.82% in value terms compared to 2022. exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" decreased by $ 31 million (cumulative exports of commodity group 7318 from India amounted $833 million in 2022)
Exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" amounted to 0.185% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 7318 in total exports from India increased by 0.001 p.p. compared to 2022 (it was 0.184% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 7318 amounted to 8.22% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $9.74 billion in 2023). The share of exports of commodity group 7318 in sales of commodity group from India lowered by 0.193 p.p. compared to 2022 (it was 8.41% in 2022, and exports of commodity group from India were $9.89 billion).
Where does India export Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel?
Top export destinations of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from India in 2023:
- USA with a share of 22% (182 million US$)
- Netherlands with a share of 11.2% (89 million US$)
- Germany with a share of 10% (80 million US$)
- United Arab Emirates with a share of 7.69% (61 million US$)
- United Kingdom with a share of 6.27% (50 million US$)
- Italy with a share of 4.48% (35 million US$)
- Saudi Arabia with a share of 4.4% (35 million US$)
- Poland with a share of 2.55% (20 million US$)
- France with a share of 2.41% (19.3 million US$)
- Spain with a share of 2.19% (17.5 million US$)
Exports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - from India in 2023 represented by the following main commodity groups:
- 50% (406 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 20% (168 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 11.2% (90 million US$): 731816 - Nuts of iron/steel
- 6.65% (53 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 6.04% (48 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 1.44% (11.5 million US$): 731811 - Coach screws of iron/steel
- 1.27% (10.2 million US$): 731821 - Spring washers & other lock washers, of iron/steel
- 0.517% (4.14 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 0.403% (3.23 million US$): 731814 - Self-tapping screws of iron/steel
- 0.393% (3.15 million US$): 731823 - Rivets of iron/steel
The value of imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" to India totalled $ 1.09 billion in 2023. Sales of commodity group 7318 to India went up by 13.9% compared to 2022: imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" went up by $ 133 million (the value of imports of commodity group 7318 to India was equal to $961 million in 2022)
Imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" accounted for 0.162% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 7318 in total imports to India increased by 0.031 p.p. compared to 2022 (it was 0.131% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 7318 reached 21% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $5.02 billion in 2023). The share of purchases of commodity group 7318 in total imports of commodity group to India increased by 2.04 p.p. compared to 2022 (it was 19.7% in 2022, and imports of commodity group to India accounted for $4.86 billion).
Where does India import Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel from?
Top trading partners (import of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel") of India in 2023:
- China with a share of 28% (310 million US$)
- Japan with a share of 12.7% (139 million US$)
- Korea with a share of 11.2% (123 million US$)
- Germany with a share of 10.4% (114 million US$)
- USA with a share of 7.62% (83 million US$)
- Thailand with a share of 7.03% (77 million US$)
- Other Asia, nes with a share of 3.86% (42 million US$)
- Italy with a share of 2.95% (32 million US$)
- United Kingdom with a share of 2.57% (28 million US$)
- France with a share of 1.89% (20 million US$)
Imports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - to India in 2023 represented by the following main commodity groups:
- 44% (488 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 14.9% (163 million US$): 731816 - Nuts of iron/steel
- 10.4% (114 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 9.92% (108 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 6.51% (71 million US$): 731814 - Self-tapping screws of iron/steel
- 4.63% (50 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 3.1% (34 million US$): 731823 - Rivets of iron/steel
- 2.63% (28 million US$): 731811 - Coach screws of iron/steel
- 1.29% (14.1 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 1.27% (14 million US$): 731821 - Spring washers & other lock washers, of iron/steel
