5. Abrasive Cutting Wheels Abrasive Cutting Wheels under category Industrial Supplies Norton Cutting Wheels, Xtra Power Cutting Wheels, Yuri Cutting Wheels, Hitachi Cutting Wheels, Dewalt Cutting Wheels Abrasive Cutting Wheels
    INR  10 2020-11-05 https://schema.org/InStock

How to
Import Abrasive Cutting Wheels to India

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

Abrasive Cutting Wheels

Summary for the Indian Abrasive Cutting Wheels import

In FY 2020-2021 (Apr-Nov), Around 55.99 USD million of Abrasive Cutting Wheels is imported from India to China. It is around 73.56% of the total import of Abrasive Cutting Wheels.

  • The value of Abrasive Cutting Wheels import from India in October 2020 is 12.75 USD million .
  • Major countries where Abrasive Cutting Wheels was imported in October 2020 are China(10.02), Japan(0.55), Germany(0.51), Philippines(0.51), Austria(0.27).
S.no. Country Qty Value(USD Million) Month year
China 4099879 10.02 October 2020
Japan 12290 0.55 October 2020
Germany 21890 0.51 October 2020
Philippines 241000 0.51 October 2020
Austria 7330 0.27 October 2020
Italy 21980 0.25 October 2020
Rep. of Korea 3570 0.14 October 2020
USA 2520 0.14 October 2020
China, Hong Kong SAR 14450 0.07 October 2020
United Arab Emirates 21720 0.05 October 2020
Belgium 5050 0.04 October 2020
United Kingdom 1790 0.04 October 2020
France 1030 0.03 October 2020
Slovenia 2900 0.03 October 2020
TAIWAN 560 0.03 October 2020
Netherlands 270 0.02 October 2020
Switzerland 90 0.02 October 2020
Czech Rep. 110 0.01 October 2020
Spain 20 0.01 October 2020
Sweden 10 0.01 October 2020

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There are 49 distinct countries to import Abrasive Cutting Wheels into India. Collectively India imported 76.11 USD Million of Abrasive Cutting Wheels from those 49 countries in 2020-2021 (Apr-Nov) and 144.6 USD Million in 2018, which is up by 16.74% than the Abrasive Cutting Wheels imported into India the previous year. In 2017, 51 countries exported around 48304929 quantity of Abrasive Cutting Wheels to India while in 2018, India’s Abrasive Cutting Wheels import accounts to 54412320 quantity from 47 countries. This shows the rise of 12.64% Abrasive Cutting Wheels import in terms of quantity imported.

To import Abrasive Cutting Wheels to India, the best countries according to Indian shipment records are China, Japan, Philippines, Germany, USA . Together they sold 76.11 USD Million worth value of Abrasive Cutting Wheels to India.

Overall the import of Abrasive Cutting Wheels into India gain of 79.43% since 2014 when Abrasive Cutting Wheels import shipments into India were valued at 80.59 USD Million. Year over year, the value of Abrasive Cutting Wheels import from India up by 16.74% from 2017 to 2018.

The import reached an all time high of 144.6 USD Million during the year 2018.

Among the countries from where Abrasive Cutting Wheels is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their Abrasive Cutting Wheels imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of Abrasive Cutting Wheels, you should know the HS CODE of products at first.

Some HS Codes corresponding to Abrasive Cutting Wheels are

S.No Product H.S Code

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

Top Global Markets for import Abrasive Cutting Wheels to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of Abrasive Cutting Wheels
import Abrasive Cutting Wheels to India from China 25216610 55.99
import Abrasive Cutting Wheels to India from Japan 111320 3.82
import Abrasive Cutting Wheels to India from Philippines 1228400 3.47
import Abrasive Cutting Wheels to India from Germany 202080 3.43
import Abrasive Cutting Wheels to India from USA 28140 1.69
import Abrasive Cutting Wheels to India from Italy 158350 1.58
import Abrasive Cutting Wheels to India from Thailand 325300 1.37
import Abrasive Cutting Wheels to India from Austria 40300 1.22
import Abrasive Cutting Wheels to India from Rep. of Korea 15780 0.8
import Abrasive Cutting Wheels to India from Spain 4510 0.57

Product wise trends to Import Abrasive Cutting Wheels to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of Abrasive Cutting Wheels

Import Duty for Other under HS CODE 68042190

HS Code 68042190
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Grinding Wheels Of Synthetic Abrasive under HS CODE 68042210

HS Code 68042210
Description Grinding Wheels Of Synthetic Abrasive
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Grinding Wheels Of Other Materials under HS CODE 68042220

HS Code 68042220
Description Grinding Wheels Of Other Materials
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 68042290

HS Code 68042290
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Grinding Wheels Made Of Natural Stone under HS CODE 68042310

HS Code 68042310
Description Grinding Wheels Made Of Natural Stone
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 Abrasive Cutting Wheels to India?

China, Japan, Philippines, Germany, USA are the major exporters of Abrasive Cutting Wheels to India.

What is the import duty on import of Abrasive Cutting Wheels in India?

Custom Duty : 10% and IGST : 18%

Describe Abrasive Cutting Wheels import industry in India?

Abrasive Cutting Wheels import industry in India is worth 76.11 USD Million in India in 2020-2021 (Apr-Nov). There are total of 49 countries from where India import’s 54041348 quantity of Abrasive Cutting Wheels.