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Chapter 72 · Section XV

72

Iron and steel

India's exports of chapter 72 2025

US$ 9.90 bn

exported in , down 2.7% on , to 178 countries.

Five-year trend

20212022202320242025

Top 5 markets in 2025

  1. 1 Italy US$ 1.21 bn12.2% share −17.3%
  2. 2 United States US$ 752 mn7.6% share +54.0%
  3. 3 Nepal US$ 724 mn7.3% share +3.3%
  4. 4 United Arab Emirates US$ 658 mn6.6% share −3.8%
  5. 5 Belgium US$ 620 mn6.3% share −8.6%
Other 173 countriesUS$ 5.94 bn · 60.0%
Source: UN Comtrade database (United Nations Statistics Division), as reported by India. Values in US$, calendar years. Updated Oct 2026. Check these markets' country risk ›

Where India sells it 196 markets

Every market for this product, with its growth, share, ECGC rating and any trade agreement with India. Use it to spot markets that are growing, sizeable and low-risk.

MarketValue 2025ShareChangeYearly growthECGC ratingTrade agreement

ECGC ratings are ECGC's short-term country classification (see the ratings page); putting them beside trade figures is Exportsmitra's own analysis, not ECGC's. Yearly growth is the average over the years shown.

Headings in this chapter 29

Source: Harmonized System 2022 edition (World Customs Organization), from the UN Comtrade classification list.