How to
Import Abrasives Wheel to India

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

Abrasives Wheel

Summary for the Indian Abrasives Wheel import

In FY 2020-2021 (Apr-Nov), Around 66.85 USD million of Abrasives Wheel is imported from India to China. It is around 72.77% of the total import of Abrasives Wheel.

  • The value of Abrasives Wheel import from India in October 2020 is 14.58 USD million .
  • Major countries where Abrasives Wheel was imported in October 2020 are China(11.53), Germany(0.58), Japan(0.58), Philippines(0.52), Austria(0.29).
S.no. Country Qty Value(USD Million) Month year
China 4508409 11.53 October 2020
Germany 23070 0.58 October 2020
Japan 12910 0.58 October 2020
Philippines 241240 0.52 October 2020
Austria 8090 0.29 October 2020
Italy 28730 0.29 October 2020
USA 4010 0.18 October 2020
Rep. of Korea 3570 0.15 October 2020
China, Hong Kong SAR 14450 0.07 October 2020
Switzerland 20500 0.07 October 2020
United Arab Emirates 24270 0.05 October 2020
Belgium 5050 0.04 October 2020
United Kingdom 1800 0.04 October 2020
France 1030 0.03 October 2020
Slovenia 2900 0.03 October 2020
Spain 320 0.03 October 2020
Thailand 1680 0.03 October 2020
TAIWAN 570 0.03 October 2020
Netherlands 270 0.02 October 2020
Czech Rep. 110 0.01 October 2020

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Import Abrasives Wheel to India

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There are 51 distinct countries to import Abrasives Wheel into India. Collectively India imported 91.87 USD Million of Abrasives Wheel from those 51 countries in 2020-2021 (Apr-Nov) and 164.99 USD Million in 2018, which is up by 19.3% than the Abrasives Wheel imported into India the previous year. In 2017, 54 countries exported around 52981659 quantity of Abrasives Wheel to India while in 2018, India’s Abrasives Wheel import accounts to 60396670 quantity from 50 countries. This shows the rise of 14% Abrasives Wheel import in terms of quantity imported.

To import Abrasives Wheel to India, the best countries according to Indian shipment records are China, Japan, Germany, Philippines, Thailand . Together they sold 91.87 USD Million worth value of Abrasives Wheel to India.

Overall the import of Abrasives Wheel into India gain of 94.2% since 2014 when Abrasives Wheel import shipments into India were valued at 84.96 USD Million. Year over year, the value of Abrasives Wheel import from India up by 19.3% from 2017 to 2018.

The import reached an all time high of 164.99 USD Million during the year 2018.

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

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

As an importer of Abrasives Wheel, you should know the HS CODE of products at first.

Some HS Codes corresponding to Abrasives Wheel 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 Abrasives Wheel to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of Abrasives Wheel
import Abrasives Wheel to India from China 28570140 66.85
import Abrasives Wheel to India from Japan 126910 5.01
import Abrasives Wheel to India from Germany 213780 3.87
import Abrasives Wheel to India from Philippines 1228640 3.48
import Abrasives Wheel to India from Thailand 613380 2.47
import Abrasives Wheel to India from Italy 203180 1.95
import Abrasives Wheel to India from USA 38080 1.87
import Abrasives Wheel to India from Austria 47610 1.33
import Abrasives Wheel to India from Spain 13790 0.83
import Abrasives Wheel to India from Rep. of Korea 16120 0.82

Product wise trends to Import Abrasives Wheel to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of Abrasives Wheel

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 Other under HS CODE 68042390

HS Code 68042390
Description Other
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 Abrasives Wheel to India?

China, Japan, Germany, Philippines, Thailand are the major exporters of Abrasives Wheel to India.

Describe Abrasives Wheel import industry in India?

Abrasives Wheel import industry in India is worth 91.87 USD Million in India in 2020-2021 (Apr-Nov). There are total of 51 countries from where India import’s 61765888 quantity of Abrasives Wheel.