How to
Import 2 Hp Compressor to India

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

2 Hp Compressor

Summary for the Indian 2 Hp Compressor import

In FY 2020-2021 (Apr-Nov), Around 203.89 USD million of 2 Hp Compressor is imported from India to China. It is around 53.43% of the total import of 2 Hp Compressor.

  • The value of 2 Hp Compressor import from India in October 2020 is 51.27 USD million .
  • Major countries where 2 Hp Compressor was imported in October 2020 are China(29.88), Rep. of Korea(10.24), Thailand(3.37), Japan(1.79), Germany(1.45).
S.no. Country Qty Value(USD Million) Month year
China 1754490 29.88 October 2020
Rep. of Korea 157020 10.24 October 2020
Thailand 86830 3.37 October 2020
Japan 8650 1.79 October 2020
Germany 14030 1.45 October 2020
USA 1300 0.84 October 2020
Italy 9100 0.54 October 2020
Singapore 6410 0.54 October 2020
Indonesia 9080 0.52 October 2020
Belgium 19520 0.44 October 2020
Netherlands 3460 0.36 October 2020
Saudi Arabia 6480 0.25 October 2020
TAIWAN 440 0.25 October 2020
France 1250 0.22 October 2020
China, Hong Kong SAR 1530 0.17 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 0.04 October 2020

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Import 2 Hp Compressor to India

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There are 62 distinct countries to import 2 Hp Compressor into India. Collectively India imported 381.63 USD Million of 2 Hp Compressor from those 62 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 9.47% than the 2 Hp Compressor imported into India the previous year. In 2017, countries exported around quantity of 2 Hp Compressor to India while in 2018, India’s 2 Hp Compressor import accounts to quantity from countries. This shows the rise of �% 2 Hp Compressor import in terms of quantity imported.

To import 2 Hp Compressor to India, the best countries according to Indian shipment records are China, Rep. of Korea, Japan, Thailand, USA . Together they sold 381.63 USD Million worth value of 2 Hp Compressor to India.

Overall the import of 2 Hp Compressor into India gain of 6.78% since 2014 when 2 Hp Compressor import shipments into India were valued at 779.55 USD Million. Year over year, the value of 2 Hp Compressor import from India up by 9.47% from 2017 to 2018.

The import reached an all time high of 832.4 USD Million during the year 2018.

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

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

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

Some HS Codes corresponding to 2 Hp Compressor are

S.No Product H.S Code
Motor oils, compressor lube oils and turbine lube oils containing by weight greater than equals to 70 percentage of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations (excl. for undergoing chemical transformation) 27101981

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

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

S.NO. Country Quantity of import import value of 2 Hp Compressor
import 2 Hp Compressor to India from China 10191190 203.89
import 2 Hp Compressor to India from Rep. of Korea 829180 43.8
import 2 Hp Compressor to India from Japan 155790 31.92
import 2 Hp Compressor to India from Thailand 623280 29.32
import 2 Hp Compressor to India from USA 23240 24.71
import 2 Hp Compressor to India from Germany 74710 11.51
import 2 Hp Compressor to India from Belgium 122430 8.42
import 2 Hp Compressor to India from Italy 45390 5.4
import 2 Hp Compressor to India from Singapore 31590 3.15
import 2 Hp Compressor to India from TAIWAN 8060 2.87

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

S.NO. Code Name Quantity of import import value of 2 Hp Compressor
84148011 Turbocompressors, single-stage (excl. compressors for refrigerating equipment and air compressors mounted on a wheeled chassis for towing) 2132660 137.93
84143000 Compressors usd in reprigerating equipment 5647210 135.89
84149090 Others 4205249 131.45
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
84149011 Parts of gas compressors of a kind used inrefrigerating and air conditioning 3583829 37.95
84149019 Prts of othr air/vacum pumps,cmprssrs and fans 654460 30.99
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
84149040 Prts of industrial fans,blowers and the like 976430 9.55

Import Duty for Compressors Of A Kind Used In Refrigerating Equipment under HS CODE 84143000

HS Code 84143000
Description Compressors Of A Kind Used In Refrigerating Equipment
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 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 Centrifugal Air Compressors under HS CODE 84144020

HS Code 84144020
Description Centrifugal 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 Screw Air Compressors under HS CODE 84144030

HS Code 84144030
Description Screw 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 Of Gas Compressors Of A Kind Used In Refrigerating And Air Conditioning Appliances And Machinery under HS CODE 84149011

HS Code 84149011
Description Of Gas Compressors Of A Kind Used In Refrigerating And Air Conditioning Appliances And Machinery
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

People Also Ask

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

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

Describe 2 Hp Compressor import industry in India?

2 Hp Compressor import industry in India is worth 381.63 USD Million in India in 2020-2021 (Apr-Nov). There are total of 62 countries from where India import’s quantity of 2 Hp Compressor.