$14MIndia’s exports in FY 2025-26
19countries bought from India
+52%against FY 2024-25 ($9.4M)
4,970tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Italy
- Germany
- United States
- Netherlands
- Poland
- Belgium
- France
- Australia
- Croatia
- Spain
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 7222.11
7222.11.19Bars and rods, angles and shapes of stainless steel — of circular cross section, bright bars: Other$75M in FY 2025-267222.11.11Bars and rods, angles and shapes of stainless steel — of circular cross section, bright bars: Chromium type$49M in FY 2025-267222.11.99Bars and rods, angles and shapes of stainless steel — of circular cross section, other: Other$12M in FY 2025-267222.11.91Bars and rods, angles and shapes of stainless steel — of circular cross section, other: Chromium type$3.9M in FY 2025-267222.11.92Bars and rods, angles and shapes of stainless steel — of circular cross section, other: Nickel chromium austenitic type$2.2M in FY 2025-26