$925MIndia’s exports in FY 2025-26
6countries bought from India
-8%against FY 2024-25 ($1.0B)
1,48,06,030tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- China
- Indonesia
- Qatar
- South Korea
- Malaysia
- Nepal
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Iron ores and concentrates, including roasted iron pyritesNotification 9/2025-CT(R), Schedule II, entry 10
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 2601.11
2601.11.41Non-agglomerated: Iron ore fines (below 62% Fe), below 55% Fe$312M in FY 2025-262601.11.21Non-agglomerated: Iron ore lumps (below 60% Fe, including black iron ore containing upto 10% Mn), below 55% Fe$21M in FY 2025-262601.11.22Non-agglomerated: Iron ore lumps (below 60% Fe, including black iron ore containing upto 10% Mn), 55% Fe or…$1.1M in FY 2025-262601.11.43Non-agglomerated: Iron ore fines (below 62% Fe), 58% Fe or more but below 60% Fe$50K in FY 2025-262601.11.19Non-agglomerated: Iron ore lumps (60% Fe or more), 65% Fe and above$30K in FY 2024-252601.11.49Non-agglomerated: Iron ore fines (below 62% Fe), 60% Fe or more but below 62% Fe$20K in FY 2024-252601.11.90Non-agglomerated: other$10K in FY 2024-25