$60KIndia’s exports in FY 2025-26
4countries bought from India
+20%against FY 2024-25 ($50K)
21tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Belgium
- Mexico
- Saudi Arabia
- United States
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — All flat-rolled products of stainless steelNotification 9/2025-CT(R), Schedule II, entry 272
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 7220.12
7220.12.22Flat-rolledproductsofstainlesssteel,ofawidth of less than600mm - not further worked than… — of a thickness of less than 4.75 mm, strips for pipes and tubes (other than skelp): Nickel chromium…$1.9M in FY 2025-267220.12.90Flat-rolledproductsofstainlesssteel,ofawidth of less than600mm - not further worked than… — of a thickness of less than 4.75 mm: Other$1.1M in FY 2025-267220.12.21Flat-rolledproductsofstainlesssteel,ofawidth of less than600mm - not further worked than… — of a thickness of less than 4.75 mm, strips for pipes and tubes (other than skelp): Chromium type$270K in FY 2025-267220.12.10Flat-rolledproductsofstainlesssteel,ofawidth of less than600mm - not further worked than… — of a thickness of less than 4.75 mm: Skelp for pipes and tubes$10K in FY 2025-26