
$24MIndia’s exports in FY 2025-26
21countries bought from India
-28%against FY 2024-25 ($34M)
9,803tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- United Arab Emirates
- Germany
- Brazil
- Singapore
- Italy
- Mexico
- Switzerland
- Finland
- United Kingdom
- France
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — All bars and rods, of stainless steelNotification 9/2025-CT(R), Schedule II, entry 273
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 7221.00
7221.00.90Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel: Other$65M in FY 2025-267221.00.19Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel, bright bars: Other$13M in FY 2025-267221.00.11Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel, bright bars: Chromium type$5.7M in FY 2025-26