India, known for its vast mineral resources, is steadily strengthening its position in the international iron ore market. With abundant geological reserves and a growing focus on export-oriented policies, the iron ore export from India is witnessing a notable surge. From key exporters to strategic port operations, India’s export capabilities are rapidly evolving, aligning with global demand—particularly from nations like China and Indonesia.
In this comprehensive overview, we’ll explore everything about iron ore exporters in India, recent iron ore export data, major HS codes, shipping ports, and how platforms like Eximpedia can provide crucial trade insights.
India’s Iron Ore Industry: A Global Contender
India ranks as the fourth-largest producer of iron ore, following China, Australia, and Brazil. With over 250 million metric tonnes produced in FY 2022–23, India plays a vital role in both domestic steel manufacturing and international exports. The top iron ore producing states—Odisha, Karnataka, Chhattisgarh, and Jharkhand—are home to high-quality Hematite and Magnetite reserves.
These raw materials fuel the growing demand for sustainable steel production worldwide. With rising industrialization, particularly in Asia, the importance of India’s iron ore sector cannot be overstated. Given its potential, the iron ore export from India is projected to rise significantly, backed by strategic investments and favorable policy reforms.
Iron Ore Export Data: 2023–2024 Trends
According to the latest iron ore export data, India is on track to export 47.8 million metric tonnes of iron ore in fiscal year 2023–24, marking a three-year high and a 130% year-over-year increase. China remains the dominant importer, accounting for approximately 90% of total shipments, followed by Indonesia with nearly 1 million metric tonnes.
Between January and November 2024, Indian exporters shipped 35.9 million tonnes of iron ore—slightly lower than the same period in 2023, but still maintaining a strong performance. These figures indicate India’s growing influence in the global mineral trade, reinforcing its role as a critical supplier.
Top Iron Ore Exporters in India
Several leading businesses are driving the growth of the iron ore exporter in India segment. These companies have built reputations on quality, logistics efficiency, and adherence to international standards:
- Bravo Sponge Iron Pvt. Ltd.
- Advance Mining and Minerals
- Access Developer Pvt. Ltd.
- Bhudev Enterprises
- Aaryan Rice Industries Ltd.
- Elite Metaliks Pvt. Ltd.
- Glassex (India) Pvt. Ltd.
- Engineering Exports Company
- Elem Business India Pvt. Ltd.
- Globalkemya India LLP
These firms highlight the diversity and resilience of India’s iron ore export ecosystem. If you’re seeking reliable iron ore exporters in India, these names should top your list.
Key Iron Ore HS Codes You Need to Know
Understanding HS codes is essential when dealing with iron ore export from India. These international identifiers streamline customs processes and ensure smooth cross-border transactions. Common HS codes for Indian iron ore products include:
- 2601.11 – Iron ore, non-agglomerated
- 2601.12 – Iron ore, agglomerated
- 7201.10 – Direct reduced iron (DRI)
- 7201.20 – Sponge iron
Accessing correct HS codes is vital for businesses to avoid regulatory complications and ensure efficient documentation.
Iron Ore Exporting Ports in India
The efficiency of iron ore export from India heavily depends on port infrastructure. The following ports play a crucial role in handling large volumes of ore:
- Marmagao Port, Goa
- Visakhapatnam Port, Andhra Pradesh
- New Mangalore Port, Karnataka
- Paradip Port, Odisha
- Tuticorin Port, Tamil Nadu
- Kandla Port, Gujarat
- Chennai Port, Tamil Nadu
- Krishnapatnam Port, Andhra Pradesh
- Port Blair, Andaman & Nicobar Islands
- JNPT Port, Maharashtra
These ports enable swift, cost-effective exports and act as critical connectors between Indian suppliers and global buyers.
Global Leaders in Iron Ore Export
While India is ramping up its exports, global trade continues to be dominated by countries like:
- Australia – The world’s largest exporter with a 56.4% market share
- Brazil – A strong second with 19%
- Canada, South Africa, and Sweden – Other significant contributors
India is quickly closing the gap, and with consistent growth, could soon compete directly with these global leaders in terms of volume and value.
Trade Intelligence at Your Fingertips
For businesses aiming to explore the iron ore industry, data is everything. Platforms like Eximpedia.app offer unparalleled access to iron ore export data, importer profiles, and transaction trends. You can also explore additional datasets such as:
- Mexico Import Export Data
- Mexico Import Data
- Uganda Trade Data
- Uganda Export Data
By analyzing this rich repository, traders can make informed decisions, track competitors, and expand their global footprint.
How to Access Accurate Export Data?
Finding reliable iron ore export data doesn’t have to be complicated. Eximpedia provides a user-friendly dashboard for over 130 countries, including emerging markets like Uganda and Mexico. Their team of seasoned data analysts ensures accuracy and timely updates. From HS code verification to exporter profiles, the portal is a one-stop shop for all your trade intelligence needs.
Final Thoughts: The Future of Indian Iron Ore in Global Trade
To thrive in today’s volatile trade environment, iron ore exporters in India must adapt quickly. By staying updated with real-time iron ore export data, aligning with international quality benchmarks, and utilizing advanced logistics via India’s major ports, exporters can unlock unprecedented growth.
Whether you’re a seasoned player or a new entrant, leveraging insights from platforms like Eximpedia.app ensures you stay ahead in the market. From decoding HS codes to analyzing iron ore export from India trends, everything you need is just a click away.
Set up a free demo today and start your journey to global success.
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