5. 12 Mm Bolts 12 Mm Bolts under category Mechanical Parts & Spares TVS Bolts 12 Mm Bolts
    INR  10 2020-11-05 https://schema.org/InStock

How to
Import 12 Mm Bolts to India

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

12 Mm Bolts

Summary for the Indian 12 Mm Bolts import

In FY 2020-2021 (Apr-Nov), Around 34.84 USD million of 12 Mm Bolts is imported from India to China. It is around 15% of the total import of 12 Mm Bolts.

  • The value of 12 Mm Bolts import from India in October 2020 is 35.54 USD million .
  • Major countries where 12 Mm Bolts was imported in October 2020 are Rep. of Korea(7.1), China(4.98), Germany(4.68), USA(3.66), Japan(3.56).
S.no. Country Qty Value(USD Million) Month year
Rep. of Korea 1073679 7.1 October 2020
China 2889319 4.98 October 2020
Germany 626450 4.68 October 2020
USA 421150 3.66 October 2020
Japan 350550 3.56 October 2020
Singapore 97170 1.84 October 2020
TAIWAN 358910 1.21 October 2020
Italy 143090 1.02 October 2020
United Kingdom 84580 0.96 October 2020
Netherlands 104670 0.84 October 2020
France 137670 0.83 October 2020
Belgium 107390 0.58 October 2020
Switzerland 24910 0.5 October 2020
Thailand 99710 0.5 October 2020
China, Hong Kong SAR 80480 0.48 October 2020
United Arab Emirates 45960 0.32 October 2020
Spain 74270 0.3 October 2020
Sweden 14500 0.28 October 2020
Malaysia 186680 0.25 October 2020
Viet Nam 2850 0.21 October 2020

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Import 12 Mm Bolts to India

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There are 92 distinct countries to import 12 Mm Bolts into India. Collectively India imported 232.27 USD Million of 12 Mm Bolts from those 92 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 11.47% than the 12 Mm Bolts imported into India the previous year. In 2017, countries exported around quantity of 12 Mm Bolts to India while in 2018, India’s 12 Mm Bolts import accounts to quantity from countries. This shows the rise of �% 12 Mm Bolts import in terms of quantity imported.

To import 12 Mm Bolts to India, the best countries according to Indian shipment records are China, Germany, Rep. of Korea, USA, Japan . Together they sold 232.27 USD Million worth value of 12 Mm Bolts to India.

Overall the import of 12 Mm Bolts into India gain of 44.84% since 2014 when 12 Mm Bolts import shipments into India were valued at 439.84 USD Million. Year over year, the value of 12 Mm Bolts 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 Bolts is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 12 Mm Bolts imports are Eritrea,French Polynesia and CHRISTMAS IS.

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

Some HS Codes corresponding to 12 Mm Bolts are

S.No Product H.S Code
Screws, bolts, nuts, rivets, washers, etc, iron, stee 7318
Bolts screws nes, with without nut washer, iron steel 731815
Copper nails, screws, bolts, pins, washers, etc 7415
Screws bolts and nuts, of copper 741533
Aluminium nails, tacks, staples, bolts, nuts etc, 761610
Copper screws, bolts or nuts except wood screws 741532
Screws and bolts, of iron or steel whether or not with their nuts and washers, for fixing railway track construction material (excl. coach screws) 73181520
Screws and bolts, of stainless steel whether or not with their nuts and washers, without heads (excl. screws turned from bars, rods, profiles, or wire, of solid section, threaded, of a shank thickness of less than equals to 6 mm, and screws and bolts for fixing railway track construction material) 73181530
Screws and bolts, of iron or steel other than stainless whether or not with their nuts and washers, without heads, with a tensile strength of less than 800 MPa (excl. screws turned from bars, rods, profiles, or wire, of solid section, threaded, of a shank thickness of less than equals to 6 mm, and screws and bolts for fixing railway track construction material) 73181541
Screws and bolts, of iron or steel other than stainless whether or not with their nuts and washers, without heads, with a tensile strength of greater than equals to 800 MPa (excl. screws turned from bars, rods, profiles, or wire, of solid section, threaded, of a shank thickness of less than equals to 6 mm, and screws and bolts for fixing railway track construction material) 73181549

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

Top Global Markets for import 12 Mm Bolts to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 12 Mm Bolts
import 12 Mm Bolts to India from China 16684900 34.84
import 12 Mm Bolts to India from Germany 4813440 31.99
import 12 Mm Bolts to India from Rep. of Korea 5582890 31.45
import 12 Mm Bolts to India from USA 3319680 28.41
import 12 Mm Bolts to India from Japan 2684860 22.59
import 12 Mm Bolts to India from Singapore 1381960 13.73
import 12 Mm Bolts to India from Italy 1334500 8.1
import 12 Mm Bolts to India from TAIWAN 2184869 7.38
import 12 Mm Bolts to India from United Kingdom 654840 6.94
import 12 Mm Bolts to India from Netherlands 1088210 6.55

Product wise trends to Import 12 Mm Bolts to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 12 Mm Bolts
73181500 Othr screws and bolts w/n wth nuts or washers threaded 31017819 151.93
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) 382459 4.76
59112000 Bolting cloth, whether or not made up 1469340 3.53
74153390 Other screws; bolts and nuts :threaded 279350 2.98
82034090 Others 192749 1.45
82034010 Perforating punches and pipe cutters 10440 0.17
74153310 Screws for wood,threaded 6350 0.15

Import Duty for Other under HS CODE 73089090

HS Code 73089090
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 Nuts under HS CODE 73181600

HS Code 73181600
Description Nuts
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 Other under HS CODE 73181900

HS Code 73181900
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 Other under HS CODE 73182990

HS Code 73182990
Description Other
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

People Also Ask

Which country is the major exporter of 12 Mm Bolts to India?

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

What is the import duty on import of 12 Mm Bolts in India?

Custom Duty : 15% and IGST : 18%

Describe 12 Mm Bolts import industry in India?

12 Mm Bolts import industry in India is worth 232.27 USD Million in India in 2020-2021 (Apr-Nov). There are total of 92 countries from where India import’s quantity of 12 Mm Bolts.