Did you know? India holds a significant position in the global iron ore market due to its vast reserves of minerals. Also, India has abundant iron ore resources, which can be found in various geological forms. Iron ore exports from India have the potential to be very profitable, but they also need careful planning, legal compliance, and a grasp of market dynamics. This blog post will discuss the most recent iron ore export data and trends in iron ore exports from India with updated iron ore HS codes.
Let’s explore the Iron Ore exports from India!
Firstly, let's analyze the table that displays the data on Iron Ore exports from India, together with the names of the top Iron Ore exporters From India.
Iron Ore exports from India |
Iron Ore Export Data |
Total Shipments | 47.8 million mt |
Major Export Destinations | China Indonesia |
Iron Ore HS Code | 2601, 260111 and 26011111 |
Based on Iron ore export data 2023-24, the tentative projection for Indian iron ore exports in the fiscal year 2023-24 is 47.8 million mt, a three-year peak and up 130 percent year on year.
Ninety percent of exports went to China, with Indonesia coming in second with 0.91 million metric tonnes of iron ore exported.
In February and March of this year, respectively, exports decreased by 22 percent and 33 percent in comparison to the corresponding months of the previous year, showing a weakening of demand in China. However, monthly numbers show that the rising exports were slowing off.
Let’s explore the Iron ore exporting ports in India!
Here's a list of 10 Indian ports that play a significant role in iron ore exports:
So, these are the most popular ports for iron ore. Visit Seair Exim Solutions right now if you're searching for up-to-date iron ore importers, suppliers, or exporters in India.
India is the top-ranked country in the world, and its nearest rivals based on total shipments are as follows: Here are the two major Iron Ore exporting countries.
Top Rank
|
Top 10 Iron Ore exporting countries | Iron Ore Export Data (Export Values in %) |
1 | Australia | 55.9 |
2 | Brazil | 18.4 |
3 | Canada | 4.3 |
4 | South Africa | 4.3 |
5 | Sweden | 2.4 |
6 | China | 2 |
7 | Ukraine | 1.9 |
8 | Behrain | 1.4 |
9 | Russia | 1.1 |
10 | Chile | 1 |
These are the top Iron Ore exporting countries. Also, if you require up-to-date statistics on iron ore exports from India, iron ore exporters in India, or iron ore export data from India, connect with the Seair Exim Solutions platform and receive the most recent iron ore HS code or iron ore exporter's details without delay.
Now, explore the top Iron Ore exporters in India!
India is one of the world's top producers of iron ore, and the sector has a major economic impact on the nation. A sizable portion of India's frozen output is produced by the top 5 frozen exporters.
Here is a quick rundown of some of the top Iron Oreexporters in India
So these are India's leading Iron Ore exporters, giving an idea of the industry's wide range of capabilities. However, if you are looking for an Iron Ore supplier, iron ore importer or Iron Ore hs code, explore our exclusive platform.’
Seair’s data-driven platform displays global iron ore export and import data and a list of iron ore exports from India. Over 130+ countries rely on us for accurate, up-to-date information on global trade. We also offer a database of global countries, including Vietnam, the United States, Turkey, and Bangladesh.
Furthermore, our highly skilled and authentic data professional team has substantial data processing experience. We specialize in providing the most accurate and organized trade statistics for iron ore commodities.
In conclusion, a comprehensive approach that takes into account the most recent laws, industry developments, and updated market insights is necessary for successfully exporting iron ore from India in 2024.
Through collaboration with proficient advisors, obtaining requisite permits, and streamlining transit via sophisticated ports such as Marmagao and Visakhapatnam, Indian exporters can effectively negotiate the worldwide marketplace and leverage the sustained demand for this indispensable asset.
Thus, by providing you access to the Iron Ore HS code, a list of Iron Ore exports from India, industry trends and insights, as well as Iron Ore export data , Seair Exim Solutions will assist you in growing your business in the international trade arena. Now, schedule a free live demo!
Q1. Who are the biggest iron ore exporters in India?
Based on iron ore exporter data, the biggest iron ore exporters in India are: Aaryan Rice Industries Ltd., Access Developer Private Limited, and Advance Mining and Minerals.
Q2. List out the top iron ore exporting countries.
Based on iron ore export data, the top iron ore exporting countries are: Australia, Brazil, Canada, and South Africa.
Q3. List out the iron ore exporting ports in India.|
As per iron ore export from India data, the iron ore exporting ports in India are Marmagao Port, Goa, Visakhapatnam Port, Port Blair, Andaman and Nicobar Islands, and Tuticorin Port.
Q4. What are the top iron ore producing countries?
The major iron ore producing countries globally are Australia, Brazil, China, India, Russia, Ukraine, South Africa, Iran, Kazakhstan, and Canada.
Q5. Who is the largest exporter of iron ore in the world?|
Australia is consistently the most prominent iron ore exporting country in the world. On the other hand, China is the world's largest importer of iron ore.
Q6. Where can you obtain iron ore exporter details?
At Seair Exim Solutions, you can easily obtain iron ore exports by country statistics, iron ore fines hsn code, or the list of iron ore fines export from India.
Q7. Which Iron ore export from India to China?
China is India's main destination for its low-grade iron ore exports, which have an iron content of less than 58%.
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