How to
Import 4t Synthetic Oil to India

Are you here to know how you can import 4t Synthetic Oil to India? Well, Connect2India gives you the complete understanding about how to import 4t Synthetic Oil to India, from where to import 4t Synthetic Oil, at what price 4t Synthetic Oil should be imported and also the best 4t Synthetic Oil exporters in the world.

4t Synthetic Oil

Summary for the Indian 4t Synthetic Oil import

In FY 2020-2021 (Apr-Nov), Around 8.48 USD million of 4t Synthetic Oil is imported from India to Japan. It is around 27.19% of the total import of 4t Synthetic Oil.

  • The value of 4t Synthetic Oil import from India in October 2020 is 4.47 USD million .
  • Major countries where 4t Synthetic Oil was imported in October 2020 are Japan(1.54), China(0.68), TAIWAN(0.52), USA(0.43), Italy(0.32).
S.no. Country Qty Value(USD Million) Month year
Japan 286060 1.54 October 2020
China 241690 0.68 October 2020
TAIWAN 221050 0.52 October 2020
USA 75440 0.43 October 2020
Italy 51910 0.32 October 2020
United Kingdom 28250 0.2 October 2020
Belgium 33410 0.12 October 2020
Singapore 36490 0.12 October 2020
Netherlands 18630 0.11 October 2020
Germany 14510 0.09 October 2020
France 36570 0.08 October 2020
Denmark 7200 0.05 October 2020
China, Hong Kong SAR 12080 0.05 October 2020
Switzerland 1360 0.04 October 2020
United Arab Emirates 16940 0.04 October 2020
Rep. of Korea 18200 0.03 October 2020
Spain 15840 0.02 October 2020
Brazil 160 0.01 October 2020
Russian Federation 6340 0.01 October 2020
Sweden 1800 0.01 October 2020

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Import 4t Synthetic Oil to India

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There are 46 distinct countries to import 4t Synthetic Oil into India. Collectively India imported 31.19 USD Million of 4t Synthetic Oil from those 46 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 12.66% than the 4t Synthetic Oil imported into India the previous year. In 2017, countries exported around quantity of 4t Synthetic Oil to India while in 2018, India’s 4t Synthetic Oil import accounts to quantity from countries. This shows the rise of �% 4t Synthetic Oil import in terms of quantity imported.

To import 4t Synthetic Oil to India, the best countries according to Indian shipment records are Japan, China, USA, TAIWAN, Singapore . Together they sold 31.19 USD Million worth value of 4t Synthetic Oil to India.

Overall the import of 4t Synthetic Oil into India gain of 45.98% since 2014 when 4t Synthetic Oil import shipments into India were valued at 49.019 USD Million. Year over year, the value of 4t Synthetic Oil import from India up by 12.66% from 2017 to 2018.

The import reached an all time high of 71.56 USD Million during the year 2018.

Among the countries from where 4t Synthetic Oil is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 4t Synthetic Oil imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of 4t Synthetic Oil, you should know the HS CODE of products at first.

Some HS Codes corresponding to 4t Synthetic Oil are

S.No Product H.S Code
Castor oil and fractions thereof, whether or not refined, but not chemically modified, for production of aminoundecanoic acid for manufacture of synthetic textile fibres or artificial plastic materials 15153010
Synthetic paraffin wax containing less than 0,75 percentage by weight of oil and of a molecular weight of greater than equals to 460 but less than equals to 1.560 27122010

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

Top Global Markets for import 4t Synthetic Oil to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 4t Synthetic Oil
import 4t Synthetic Oil to India from Japan 1959430 8.48
import 4t Synthetic Oil to India from China 1741230 4.91
import 4t Synthetic Oil to India from USA 618940 3.23
import 4t Synthetic Oil to India from TAIWAN 1213470 3.03
import 4t Synthetic Oil to India from Singapore 611010 2.23
import 4t Synthetic Oil to India from France 448720 1.47
import 4t Synthetic Oil to India from United Kingdom 278660 1.33
import 4t Synthetic Oil to India from Italy 308450 1.22
import 4t Synthetic Oil to India from Germany 206590 1.19
import 4t Synthetic Oil to India from Malaysia 211050 1.17

Product wise trends to Import 4t Synthetic Oil to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 4t Synthetic Oil
40029990 Synthetic rubber and factice derived from oils, in primary forms or plates, sheets or strip (excl. latex; styrene-butadiene "sbr", carboxylated styrene-butadiene "xsbr", butadiene "br" butyl "iir", halo-isobutene-isoprene "ciir" or "biir", chloroprene -chlorobutadiene- "cr", acrylonitrile-butadiene "nbr", isoprene "ir" or ethylene-propylene-non-conjugated diene "epdm" rubber; products modified by the incorporation of plastics) 6365090 21.84
40029100 Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip (excl. styrene-butadiene rubber "sbr", carboxylated styrene-butadiene rubber "xsbr", butadiene rubber "br", isobutylene isoprene rubber "iir", halo-isobutene-isoprene rubber "ciir" or "biir", chloroprene rubber "cr", acrylonitrile-butadiene rubber "nbr", isoprene rubber "ir" and non-conjugated ethylene-propylene diene rubber "epdm") 707820 1.36
40029910 Natural rubber products modified by the incorporation of plastics (excl. depolymerised natural rubber) 119180 0.42
40029920 Tread rubr com,cushion com,cushion gum/ tread gum for resol/repai/retrea rubr tyre 7440 0.02

Import Duty for Synthetic Vinegar under HS CODE 22090020

HS Code 22090020
Description Synthetic Vinegar
Customs Duty (%) 30%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 53.4%
Import Policy

Import Duty for Sodium Hexafluoroaluminate (synthetic Cryolite) under HS CODE 28263000

HS Code 28263000
Description Sodium Hexafluoroaluminate (synthetic Cryolite)
Customs Duty (%) 10%
IGST 5%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 15.5%
Import Policy

Import Duty for Synthetic under HS CODE 29142922

HS Code 29142922
Description Synthetic
Customs Duty (%) 10%
IGST 12%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 23.2%
Import Policy

Import Duty for Synthetic Organic Tanning Substances under HS CODE 32021000

HS Code 32021000
Description Synthetic Organic Tanning Substances
Customs Duty (%) 10%
IGST 5%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 15.5%
Import Policy

Import Duty for Food Colours Other Than Synthetic under HS CODE 32030020

HS Code 32030020
Description Food Colours Other Than Synthetic
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

People Also Ask

Which country is the major exporter of 4t Synthetic Oil to India?

Japan, China, USA, TAIWAN, Singapore are the major exporters of 4t Synthetic Oil to India.

Describe 4t Synthetic Oil import industry in India?

4t Synthetic Oil import industry in India is worth 31.19 USD Million in India in 2020-2021 (Apr-Nov). There are total of 46 countries from where India import’s quantity of 4t Synthetic Oil.