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

  • The value of 12 Mm Bolts import from India in January 2020 is 43.71 USD million .
  • Major countries where 12 Mm Bolts 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 Bolts to India

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There are 100 distinct countries to import 12 Mm Bolts into India. Collectively India imported 469.81 USD Million of 12 Mm Bolts from those 100 countries in 2019-2020 (Apr-Jan) 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, Japan, Rep. of Korea, USA . Together they sold 469.81 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 Cyprus,Br. Virgin Isds and Antigua and Barbuda.

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

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 2019-2020 (Apr-Jan)

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

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

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

Describe 12 Mm Bolts import industry in India?

12 Mm Bolts 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 Bolts.