5. 2 Hp Air Compressors 2 Hp Air Compressors under category Industrial Plants & Machinery Kaeser Oil Free Air Compressor, Atlas Copco Air Compressors, Atlas Copco Reciprocating Air Compressor, Ingersoll Rand Rotary Air Compressor, FERM Air Compressors 2 Hp Air Compressors
    INR  20000 2020-11-05 https://schema.org/InStock

How to
Import 2 Hp Air Compressors to India

Are you here to know how you can import 2 Hp Air Compressors to India? Well, Connect2India gives you the complete understanding about how to import 2 Hp Air Compressors to India, from where to import 2 Hp Air Compressors, at what price 2 Hp Air Compressors should be imported and also the best 2 Hp Air Compressors exporters in the world.

2 Hp Air Compressors

Summary for the Indian 2 Hp Air Compressors import

In FY 2020-2021 (Apr-Nov), Around 95.24 USD million of 2 Hp Air Compressors is imported from India to China. It is around 38.93% of the total import of 2 Hp Air Compressors.

  • The value of 2 Hp Air Compressors import from India in October 2020 is 28.29 USD million .
  • Major countries where 2 Hp Air Compressors was imported in October 2020 are China(9.79), Rep. of Korea(9.72), Thailand(2.9), Japan(1.76), USA(0.78).
S.no. Country Qty Value(USD Million) Month year
China 730050 9.79 October 2020
Rep. of Korea 137590 9.72 October 2020
Thailand 85270 2.9 October 2020
Japan 8600 1.76 October 2020
USA 780 0.78 October 2020
Germany 2390 0.72 October 2020
Indonesia 8960 0.52 October 2020
Belgium 670 0.41 October 2020
Netherlands 3460 0.36 October 2020
TAIWAN 440 0.25 October 2020
Singapore 2070 0.19 October 2020
Italy 2710 0.18 October 2020
China, Hong Kong SAR 1530 0.17 October 2020
France 1000 0.14 October 2020
Malaysia 7590 0.12 October 2020
Austria 200 0.11 October 2020
Mexico 10 0.06 October 2020
Sweden 160 0.04 October 2020
United Kingdom 510 0.03 October 2020
Poland 170 0.02 October 2020

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Import 2 Hp Air Compressors to India

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There are 58 distinct countries to import 2 Hp Air Compressors into India. Collectively India imported 244.65 USD Million of 2 Hp Air Compressors from those 58 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 5.79% than the 2 Hp Air Compressors imported into India the previous year. In 2017, countries exported around quantity of 2 Hp Air Compressors to India while in 2018, India’s 2 Hp Air Compressors import accounts to quantity from countries. This shows the rise of �% 2 Hp Air Compressors import in terms of quantity imported.

To import 2 Hp Air Compressors to India, the best countries according to Indian shipment records are China, Rep. of Korea, Japan, Thailand, USA . Together they sold 244.65 USD Million worth value of 2 Hp Air Compressors to India.

Overall the import of 2 Hp Air Compressors into India fall of -12.91% since 2014 when 2 Hp Air Compressors import shipments into India were valued at 656.19 USD Million. Year over year, the value of 2 Hp Air Compressors import from India up by 5.79% from 2017 to 2018.

The import reached an all time high of 656.19 USD Million during the year 2014.

Among the countries from where 2 Hp Air Compressors is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 2 Hp Air Compressors imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of 2 Hp Air Compressors, you should know the HS CODE of products at first.

Some HS Codes corresponding to 2 Hp Air Compressors are

S.No Product H.S Code
Air, vacuum pumps, compressors, ventilating fans, etc 8414
Air compressors mounted on wheeled chassis for towing 841440
Air or gas compressors, hoods 841480
Air compressors mounted on a wheeled chassis for towing, giving a flow per minute less than equals to 2 m³ 84144010
Air compressors mounted on a wheeled chassis for towing, giving a flow per minute greater than 2 m³ 84144090
Parts of air or vacuum pumps, air or other gas compressors, fans and ventilating or recycling hoods incorporating a fan, n.e.s. 84149000
SCREW AIR COMPRESSORS 84144030
CENTRIFUGAL AIR COMPRESSORS 84144020
PARTS OF GAS COMPRESSORS OF A KIND USED INREFRIGERATING AND AIR CONDITIONING 84149011

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

Top Global Markets for import 2 Hp Air Compressors to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 2 Hp Air Compressors
import 2 Hp Air Compressors to India from China 4921440 95.24
import 2 Hp Air Compressors to India from Rep. of Korea 552810 37.43
import 2 Hp Air Compressors to India from Japan 54940 30.86
import 2 Hp Air Compressors to India from Thailand 596810 25.87
import 2 Hp Air Compressors to India from USA 19100 23.71
import 2 Hp Air Compressors to India from Belgium 8860 8.19
import 2 Hp Air Compressors to India from Germany 15030 3.89
import 2 Hp Air Compressors to India from TAIWAN 7890 2.74
import 2 Hp Air Compressors to India from Italy 30800 2.6
import 2 Hp Air Compressors to India from Indonesia 43540 2.43

Product wise trends to Import 2 Hp Air Compressors to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 2 Hp Air Compressors
84148011 Turbocompressors, single-stage (excl. compressors for refrigerating equipment and air compressors mounted on a wheeled chassis for towing) 2132660 137.93
84148090 Others 649060 63.49
84144090 Air compressors mounted on a wheeled chassis for towing, giving a flow per minute > 2 m³ 293820 37.98
84148030 Turbo charger 87600 20.42
84148019 Turbocompressors, multi-stage (excl. compressors for refrigerating equipment and air compressors mounted on a wheeled chassis for towing) 77040 19.98
84144030 Screw air compressors 36260 7.49
84144010 Air compressors mounted on a wheeled chassis for towing, giving a flow per minute <= 2 m³ 291310 1.84
84144020 Centrifugal air compressors 240 1.48
84148020 Free-pstn gnrtrs fr gas turbine 2790 0.53

Import Duty for Reciprocating Air Compressors under HS CODE 84144010

HS Code 84144010
Description Reciprocating Air Compressors
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 84144090

HS Code 84144090
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 84148090

HS Code 84148090
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 84149090

HS Code 84149090
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 Frames And Forks And Parts Thereof under HS CODE 87149100

HS Code 87149100
Description Frames And Forks And Parts Thereof
Customs Duty (%) 20%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 41.6%
Import Policy

People Also Ask

Which country is the major exporter of 2 Hp Air Compressors to India?

China, Rep. of Korea, Japan, Thailand, USA are the major exporters of 2 Hp Air Compressors to India.

What is the import duty on import of 2 Hp Air Compressors in India?

Custom Duty : 7.5% and IGST : 18%

Describe 2 Hp Air Compressors import industry in India?

2 Hp Air Compressors import industry in India is worth 244.65 USD Million in India in 2020-2021 (Apr-Nov). There are total of 58 countries from where India import’s quantity of 2 Hp Air Compressors.