THE
7203

Heading in chapter 72 — Iron and steel

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous…

$473MIndia’s exports in 2025
26countries bought from India in 2025
9.6×change since 2013 ($49M)
5%of chapter 72 exports

India’s exports, year by year

US$, calendar years, all destinations combined. Source: UN Comtrade (India’s own reports).

Biggest buyers, 2025

  1. Nepal
  2. Bangladesh
  3. Bhutan
  4. Armenia
  5. USA
  6. Madagascar
  7. Ethiopia
  8. United Rep. of Tanzania
  9. Georgia
  10. Rep. of Korea

Ranked by value. Country-by-country figures are not shown.

What's inside 7203

2 codes India exports
7203.10Ferrous products obtained by direct reduction of iron ore$471M in 2025 — 100% of the total7203.90Ferrous products obtained by direct reduction of iron ore and other spongy ferrous… — other types$1.6M in 2025 — under 1% of the total

Other codes in chapter 72

7202Ferro-alloys - ferro-manganese$2.7B in 20257208Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-…$1.2B in 20257222Other bars and rods of stainless steel$1.1B in 20257210Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad…$900M in 20257207Semi-finished products of iron or non-alloy steel$495M in 20257219Flat-rolledproductsofstainlesssteel,ofawidth of600mmormore - not further worked than…$452M in 20257223Wire of stainless steel$411M in 20257209Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-…$321M in 20257201Pig iron and spiegeleisen in pigs, blocks or other primary forms$224M in 20257224Other alloy steel in ingots or other primary forms$205M in 20257220Flat-rolledproductsofstainlesssteel,ofawidth of less than600mm - not further worked than…$191M in 20257206Iron and non-alloy steel in ingots or other primary forms$173M in 2025