How to
Import 2 Springs to India

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

2 Springs

Summary for the Indian 2 Springs import

In FY 2020-2021 (Apr-Nov), Around 19.65 USD million of 2 Springs is imported from India to Germany. It is around 18.55% of the total import of 2 Springs.

  • The value of 2 Springs import from India in October 2020 is 16.27 USD million .
  • Major countries where 2 Springs was imported in October 2020 are China(3.07), Germany(2.59), Japan(1.73), Rep. of Korea(1.55), USA(1.42).
S.no. Country Qty Value(USD Million) Month year
China 622060 3.07 October 2020
Germany 118750 2.59 October 2020
Japan 124550 1.73 October 2020
Rep. of Korea 215980 1.55 October 2020
USA 28920 1.42 October 2020
China, Hong Kong SAR 23390 0.62 October 2020
United Kingdom 25720 0.62 October 2020
Singapore 19910 0.6 October 2020
Thailand 27550 0.46 October 2020
Sweden 52310 0.42 October 2020
Indonesia 68590 0.41 October 2020
Italy 10130 0.34 October 2020
Spain 30520 0.3 October 2020
France 7400 0.24 October 2020
Switzerland 2110 0.2 October 2020
Belgium 10750 0.18 October 2020
Israel 19720 0.17 October 2020
Netherlands 1570 0.16 October 2020
Finland 990 0.13 October 2020
Austria 4890 0.11 October 2020

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Import 2 Springs to India

How we help you import 2 Springs to India?

There are 90 distinct countries to import 2 Springs into India. Collectively India imported 105.93 USD Million of 2 Springs from those 90 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 10.09% than the 2 Springs imported into India the previous year. In 2017, countries exported around quantity of 2 Springs to India while in 2018, India’s 2 Springs import accounts to quantity from countries. This shows the rise of �% 2 Springs import in terms of quantity imported.

To import 2 Springs to India, the best countries according to Indian shipment records are Germany, China, Japan, USA, Rep. of Korea . Together they sold 105.93 USD Million worth value of 2 Springs to India.

Overall the import of 2 Springs into India gain of 39.13% since 2014 when 2 Springs import shipments into India were valued at 189.72 USD Million. Year over year, the value of 2 Springs import from India up by 10.09% from 2017 to 2018.

The import reached an all time high of 263.95 USD Million during the year 2018.

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

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

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

Some HS Codes corresponding to 2 Springs are

S.No Product H.S Code
Springs and leaves for springs, of iron or steel 7320
Leaf springs leaves thereof, iron or steel 732010
Springs, helical, iron or steel 732020
Springs, iron or steel, except helical leaf 732090
Clock or watch springs, including hair springs 911410
Copper springs 7416
Copper springs 741600
Laminated leaf springs and leaves therefor, of iron or steel 73201011
Leaf springs and leaves therefor, of iron or steel, hot worked (excl. laminated) 73201019
Leaf springs and leaves therefor, of iron or steel (excl. hot worked) 73201090

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

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

S.NO. Country Quantity of import import value of 2 Springs
import 2 Springs to India from Germany 1687169 19.65
import 2 Springs to India from China 4581570 18.19
import 2 Springs to India from Japan 987530 12.25
import 2 Springs to India from USA 285969 9.71
import 2 Springs to India from Rep. of Korea 986290 8.29
import 2 Springs to India from China, Hong Kong SAR 196250 4.65
import 2 Springs to India from United Kingdom 192100 3.71
import 2 Springs to India from Singapore 110960 3.08
import 2 Springs to India from Italy 135130 2.81
import 2 Springs to India from Thailand 244340 2.72

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

S.NO. Code Name Quantity of import import value of 2 Springs
73209090 Springs and leaves for springs, of iron or steel (excl. discs springs, flat spiral springs, helical springs, leaf-springs and leaves therefor, clock and watch springs, springs for sticks and handles of umbrellas or parasols, and shock absorbers and torque rod or torsion bar springs of section 17) 2954860 37.71
73182200 Washers of iron or steel (excl. spring washers and other lock washers) 1710009 17.08
73202000 Helical springs 1305769 12.39
73201011 Laminated leaf-springs and leaves therefor, of iron or steel 2028080 7.64
73182100 Spring washers and other lock washers, of iron or steel 558230 5.07
94042990 Mattresses, stuffed or internally filled with any material (excl. cellular rubber or plastics, with spring interior, and pneumatic or water mattresses and pillows) 361050 3.64
73201019 Leaf-springs and leaves therefor, of iron or steel, hot-worked (excl. laminated) 504740 3.52
93040000 Spring, air or gas guns and pistols, truncheons and other non-firearms (excl. swords, cutlasses, bayonettes and similar arms of heading 9307) 22140 2.5
73201012 Leaf spring for railways and tramways 75740 1.42
73209010 Flat spiral springs, of iron or steel 86840 0.95

Import Duty for Leaves For Springs under HS CODE 73201020

HS Code 73201020
Description Leaves For Springs
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 Helical Springs under HS CODE 73202000

HS Code 73202000
Description Helical Springs
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 Of Rubberized Coir With Or Without Combination Or Other Materials Whether Or Not With Metallic Springs. under HS CODE 94042920

HS Code 94042920
Description Of Rubberized Coir With Or Without Combination Or Other Materials Whether Or Not With Metallic Springs.
Customs Duty (%) 10%
IGST 5%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 15.5%
Import Policy

People Also Ask

Which country is the major exporter of 2 Springs to India?

Germany, China, Japan, USA, Rep. of Korea are the major exporters of 2 Springs to India.

Describe 2 Springs import industry in India?

2 Springs import industry in India is worth 105.93 USD Million in India in 2020-2021 (Apr-Nov). There are total of 90 countries from where India import’s quantity of 2 Springs.