How to
Import 1 Mm Electrical Wires to India

Are you here to know how you can import 1 Mm Electrical Wires to India? Well, Connect2India gives you the complete understanding about how to import 1 Mm Electrical Wires to India, from where to import 1 Mm Electrical Wires, at what price 1 Mm Electrical Wires should be imported and also the best 1 Mm Electrical Wires exporters in the world.

1 Mm Electrical Wires

Summary for the Indian 1 Mm Electrical Wires import

In FY 2020-2021 (Apr-Nov), Around 86.58 USD million of 1 Mm Electrical Wires is imported from India to China. It is around 27.41% of the total import of 1 Mm Electrical Wires.

  • The value of 1 Mm Electrical Wires import from India in October 2020 is 45.02 USD million .
  • Major countries where 1 Mm Electrical Wires was imported in October 2020 are China(14.4), Malaysia(8.31), Japan(3.5), USA(2.98), Germany(2.43).
S.no. Country Qty Value(USD Million) Month year
China 26672570 14.4 October 2020
Malaysia 40237620 8.31 October 2020
Japan 4374049 3.5 October 2020
USA 735460 2.98 October 2020
Germany 1027670 2.43 October 2020
Viet Nam 1552650 1.21 October 2020
Singapore 1171180 1.17 October 2020
France 781620 1.14 October 2020
Rep. of Korea 1417630 1.13 October 2020
TAIWAN 8533270 1.1 October 2020
China, Hong Kong SAR 1692700 1.03 October 2020
Russian Federation 99840 0.85 October 2020
Thailand 3462240 0.85 October 2020
Italy 183450 0.72 October 2020
Switzerland 216030 0.6 October 2020
Turkey 37629600 0.49 October 2020
United Kingdom 171190 0.43 October 2020
Netherlands 30659 0.39 October 2020
United Arab Emirates 751900 0.33 October 2020
Oman 115940 0.23 October 2020

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Import 1 Mm Electrical Wires to India

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There are 91 distinct countries to import 1 Mm Electrical Wires into India. Collectively India imported 315.91 USD Million of 1 Mm Electrical Wires from those 91 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 16.52% than the 1 Mm Electrical Wires imported into India the previous year. In 2017, countries exported around quantity of 1 Mm Electrical Wires to India while in 2018, India’s 1 Mm Electrical Wires import accounts to quantity from countries. This shows the rise of �% 1 Mm Electrical Wires import in terms of quantity imported.

To import 1 Mm Electrical Wires to India, the best countries according to Indian shipment records are China, Malaysia, Germany, USA, Japan . Together they sold 315.91 USD Million worth value of 1 Mm Electrical Wires to India.

Overall the import of 1 Mm Electrical Wires into India gain of 49.92% since 2014 when 1 Mm Electrical Wires import shipments into India were valued at 506.4 USD Million. Year over year, the value of 1 Mm Electrical Wires import from India up by 16.52% from 2017 to 2018.

The import reached an all time high of 759.22 USD Million during the year 2018.

Among the countries from where 1 Mm Electrical Wires is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 1 Mm Electrical Wires imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of 1 Mm Electrical Wires, you should know the HS CODE of products at first.

Some HS Codes corresponding to 1 Mm Electrical Wires are

S.No Product H.S Code

Use our HS CODE FINDER tool to search for the hs codes of products

Top Global Markets for import 1 Mm Electrical Wires to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 1 Mm Electrical Wires
import 1 Mm Electrical Wires to India from China 537809780 86.58
import 1 Mm Electrical Wires to India from Malaysia 788776460 61.91
import 1 Mm Electrical Wires to India from Germany 9635799 26.86
import 1 Mm Electrical Wires to India from USA 8200400 23.74
import 1 Mm Electrical Wires to India from Japan 18479030 19.71
import 1 Mm Electrical Wires to India from Rep. of Korea 10835600 10.34
import 1 Mm Electrical Wires to India from China, Hong Kong SAR 11034340 10.32
import 1 Mm Electrical Wires to India from Viet Nam 8842110 6.72
import 1 Mm Electrical Wires to India from Turkey 65749940 6.33
import 1 Mm Electrical Wires to India from Singapore 8223900 6.15

Product wise trends to Import 1 Mm Electrical Wires to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 1 Mm Electrical Wires
73121090 Others(e.g.transmission belting) 27576500 50.62
84798100 Machinery for treating metal, incl. electric wire coil-winders, n.e.s. (excl. industrial robots, furnaces, dryers, spray guns and the like, high-pressure cleaning equipment and other jet cleaners, rolling millls or machines, machine tools and rope or cable-making machines) 3680 26.64
73121020 Stranded wire, ropes and cables, of stainless steel (excl. electrically insulated products and twisted fencing wire and barbed wire) 12927190 22.53
83112000 Cored wire of base metal, for electric arc-welding 7069750 15.97
73121010 Wire ropes,black 2428220 4.69
73121030 Stranded wire 371040 0.73

Import Duty for Other under HS CODE 73079190

HS Code 73079190
Description Other
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

Import Duty for Cored Wire Of Base Metal For Electric Arc- welding under HS CODE 83112000

HS Code 83112000
Description Cored Wire Of Base Metal For Electric Arc- welding
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 85389000

HS Code 85389000
Description Other
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Other under HS CODE 85441990

HS Code 85441990
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 85446090

HS Code 85446090
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

People Also Ask

Which country is the major exporter of 1 Mm Electrical Wires to India?

China, Malaysia, Germany, USA, Japan are the major exporters of 1 Mm Electrical Wires to India.

Describe 1 Mm Electrical Wires import industry in India?

1 Mm Electrical Wires import industry in India is worth 315.91 USD Million in India in 2020-2021 (Apr-Nov). There are total of 91 countries from where India import’s quantity of 1 Mm Electrical Wires.