How to
Import 12 Mm Bolt to India

Are you here to know how you can import 12 Mm Bolt to India? Well, Connect2India gives you the complete understanding about how to import 12 Mm Bolt to India, from where to import 12 Mm Bolt, at what price 12 Mm Bolt should be imported and also the best 12 Mm Bolt exporters in the world.

12 Mm Bolt

Summary for the Indian 12 Mm Bolt import

In FY 2019-2020 (Apr-Jan), Around 71.53 USD million of 12 Mm Bolt is imported from India to China. It is around 15.23% of the total import of 12 Mm Bolt.

  • The value of 12 Mm Bolt import from India in January 2020 is 43.71 USD million .
  • Major countries where 12 Mm Bolt was imported in January 2020 are China(8.53), Japan(5.41), Rep. of Korea(5.05), Germany(5.03), USA(3.65).
S.no. Country Qty Value(USD Million) Month year
China 4527290 8.53 January 2020
Japan 675640 5.41 January 2020
Rep. of Korea 918950 5.05 January 2020
Germany 1334620 5.03 January 2020
USA 494830 3.65 January 2020
Singapore 210240 2.64 January 2020
TAIWAN 576680 1.71 January 2020
Italy 319170 1.7 January 2020
Belgium 298190 1.58 January 2020
United Kingdom 202090 1.4 January 2020
Thailand 151610 1.1 January 2020
Netherlands 208670 0.99 January 2020
United Arab Emirates 135330 0.65 January 2020
France 89960 0.52 January 2020
Spain 124720 0.48 January 2020
Switzerland 35040 0.47 January 2020
China, Hong Kong SAR 96160 0.42 January 2020
Malaysia 216870 0.35 January 2020
Denmark 37700 0.3 January 2020
Viet Nam 10810 0.26 January 2020

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Import 12 Mm Bolt to India

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There are 100 distinct countries to import 12 Mm Bolt into India. Collectively India imported 469.81 USD Million of 12 Mm Bolt from those 100 countries in 2019-2020 (Apr-Jan) and USD Million in 2018, which is up by 11.47% than the 12 Mm Bolt imported into India the previous year. In 2017, countries exported around quantity of 12 Mm Bolt to India while in 2018, India’s 12 Mm Bolt import accounts to quantity from countries. This shows the rise of �% 12 Mm Bolt import in terms of quantity imported.

To import 12 Mm Bolt to India, the best countries according to Indian shipment records are China, Germany, Japan, Rep. of Korea, USA . Together they sold 469.81 USD Million worth value of 12 Mm Bolt to India.

Overall the import of 12 Mm Bolt into India gain of 44.84% since 2014 when 12 Mm Bolt import shipments into India were valued at 439.84 USD Million. Year over year, the value of 12 Mm Bolt import from India up by 11.47% from 2017 to 2018.

The import reached an all time high of 637.08 USD Million during the year 2018.

Among the countries from where 12 Mm Bolt is imported to India, the fastest growing growing nations were Cyprus,Br. Virgin Isds and Antigua and Barbuda.

The countries from where India reduced their 12 Mm Bolt imports are AMERI SAMOA,CHRISTMAS IS. and Lao People Dem. Rep.

As an importer of 12 Mm Bolt, you should know the HS CODE of products at first.

Some HS Codes corresponding to 12 Mm Bolt are

S.No Product H.S Code
Pipe cutters, bolt croppers, perforating punches etc. 820340
Lubricant preparations, incl. cutting oil preparations, bolt or nut release preparations, anti rust or anti corrosion preparations and mould release preparations, based on lubricants and containing, as non basic constituents, greater than equals to 70 percentage petroleum oil or bituminous mineral oil by weight (excl. preparations for the treatment of textiles, leather, furskins and other materials) 34031910
Lubricating preparations, incl. cutting oil preparations, bolt or nut release preparations, anti rust or anti corrosion preparations and mould release preparations, based on lubricants, containing, by weight, less than 70 percentage of petroleum oil or oil obtained from bituminous minerals (excl. preparations for the treatment of textile materials, leather, fur skins or other materials) 34031990
Lubricant preparations, incl. cutting oil preparations, bolt or nut release preparations, anti rust or anti corrosion preparations and mould release preparations, based on lubricants but not containing petroleum oil or bituminous mineral oil (excl. preparations for the treatment of textiles, leather, furskins and other materials) 34039900
Pipe cutters, bolt croppers, perforating punches and similar hand tools, of base metal 82034000
Lubricating preparations, incl. cutting oil preparations, bolt or nut release preparations, anti rust or anti corrosion preparations and mould release preparations, based on lubricants, containing, by weight, less than 70 percentage of petroleum oil or oil obtained from bituminous minerals (excl. preparations for the treatment of textile materials, leather, fur skins or other materials, and lubricants having a bio based carbon content of at least 25 percentage by mass and which are biodegradable at a level of at least 60 percentage ) 34031980

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

Top Global Markets for import 12 Mm Bolt to India in 2019-2020 (Apr-Jan)

S.NO. Country Quantity of import import value of 12 Mm Bolt
import 12 Mm Bolt to India from China 37685620 71.53
import 12 Mm Bolt to India from Germany 21401199 59.69
import 12 Mm Bolt to India from Japan 34858860 58.2
import 12 Mm Bolt to India from Rep. of Korea 14624280 53.119
import 12 Mm Bolt to India from USA 8262210 50.81
import 12 Mm Bolt to India from Singapore 6325120 29.38
import 12 Mm Bolt to India from Belgium 3635500 19.32
import 12 Mm Bolt to India from Thailand 12685180 16.93
import 12 Mm Bolt to India from TAIWAN 6026600 16.88
import 12 Mm Bolt to India from Italy 2759720 14.28

Product wise trends to Import 12 Mm Bolt to India in 2019-2020 (Apr-Jan)

S.NO. Code Name Quantity of import import value of 12 Mm Bolt
73181500 Othr screws and bolts w/n wth nuts or washers threaded 134480879 321.95
76161000 Nails, tacks, staples, screws, bolts, nuts, screw hooks, rivets, cotters, cotter pins, washers and similar articles, of aluminium (excl. staples in strips, plugs, bungs and the like, threaded) 376850 6.12
59112000 Bolting cloth, whether or not made up 2132610 5.45
74153390 Other screws; bolts and nuts :threaded 157540 3.72
82034090 Others 456860 3.05
74153310 Screws for wood,threaded 9120 0.39
82034010 Perforating punches and pipe cutters 8080 0.23

Import Duty for Bolting Cloth Whether Or Not Made Up under HS CODE 59112000

HS Code 59112000
Description Bolting Cloth Whether Or Not Made Up
Customs Duty (%) 10%
IGST 12%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 23.2%
Import Policy

Import Duty for Other screws and bolts, whether or not with their nuts or washers under HS CODE 73181250

HS Code 73181250
Description Other screws and bolts, whether or not with their nuts or washers
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 Nails Tacks Staples (other Than Those Of Heading 8305) Screws Bolts Nuts Screw Hooks Rivets Cotters Cotter-pins Washers And Similar Articles under HS CODE 76161000

HS Code 76161000
Description Nails Tacks Staples (other Than Those Of Heading 8305) Screws Bolts Nuts Screw Hooks Rivets Cotters Cotter-pins Washers And Similar Articles
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 Tower Bolts under HS CODE 83024120

HS Code 83024120
Description Tower Bolts
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 12 Mm Bolt to India?

China, Germany, Japan, Rep. of Korea, USA are the major exporters of 12 Mm Bolt to India.

Describe 12 Mm Bolt import industry in India?

12 Mm Bolt import industry in India is worth 469.81 USD Million in India in 2019-2020 (Apr-Jan). There are total of 100 countries from where India import’s quantity of 12 Mm Bolt.