Summary for the Indian Abs import

In FY 2020-2021 (Apr-Nov), Around 60.79 USD million of Abs is imported from India to Rep. of Korea. It is around 60.25% of the total import of Abs.

  • The value of Abs import from India in October 2020 is 16.03 USD million .
  • Major countries where Abs was imported in October 2020 are Rep. of Korea(9.94), TAIWAN(1.73), Saudi Arabia(1.05), Thailand(0.6), Malaysia(0.44).
S.no. Country Qty Value(USD Million) Month year
Rep. of Korea 6365910 9.94 October 2020
TAIWAN 1144610 1.73 October 2020
Saudi Arabia 728250 1.05 October 2020
Thailand 372370 0.6 October 2020
Malaysia 249930 0.44 October 2020
Germany 141180 0.38 October 2020
Belgium 133140 0.31 October 2020
Japan 113970 0.31 October 2020
China 170350 0.29 October 2020
France 23530 0.25 October 2020
Singapore 122030 0.2 October 2020
USA 111270 0.16 October 2020
United Arab Emirates 137690 0.15 October 2020
Italy 36680 0.08 October 2020
Israel 46990 0.04 October 2020
Netherlands 16810 0.04 October 2020
Finland 3000 0.02 October 2020
Spain 2550 0.02 October 2020
Mexico 20370 0.01 October 2020
United Kingdom 6300 0.01 October 2020

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There are 49 distinct countries to import Abs into India. Collectively India imported 100.89 USD Million of Abs from those 49 countries in 2020-2021 (Apr-Nov) and 299.37 USD Million in 2018, which is up by 16.36% than the Abs imported into India the previous year. In 2017, 41 countries exported around 118903369 quantity of Abs to India while in 2018, India’s Abs import accounts to 141162930 quantity from 44 countries. This shows the rise of 18.72% Abs import in terms of quantity imported.

To import Abs to India, the best countries according to Indian shipment records are Rep. of Korea, TAIWAN, Saudi Arabia, USA, Thailand . Together they sold 100.89 USD Million worth value of Abs to India.

Overall the import of Abs into India gain of 47.31% since 2014 when Abs import shipments into India were valued at 203.22 USD Million. Year over year, the value of Abs import from India up by 16.36% from 2017 to 2018.

The import reached an all time high of 299.37 USD Million during the year 2018.

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

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

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

Some HS Codes corresponding to Abs are

S.No Product H.S Code
Acrylonitrile butadiene styrene (ABS) copolymers 390330
Polymers of styrene except SAN or ABS in primary form 390390
1,2 Bis2,4,6 tribromophenoxyethane for the manufacture of acrylonitrile butadiene styrene [ABS] 29093035
Acrylonitrile butadiene styrene copolymers ABS, in primary forms 39033000

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

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

S.NO. Country Quantity of import import value of Abs
import Abs to India from Rep. of Korea 39564180 60.79
import Abs to India from TAIWAN 5126800 7.73
import Abs to India from Saudi Arabia 5135900 6.59
import Abs to India from USA 960570 5.8
import Abs to India from Thailand 2836700 4.05
import Abs to India from Japan 880700 2.59
import Abs to India from Germany 1124730 2.39
import Abs to India from Malaysia 1327960 2.34
import Abs to India from Singapore 846919 1.79
import Abs to India from China 781310 1.64

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

S.NO. Code Name Quantity of import import value of Abs
39033000 Acrylonitrile-butadiene-styrene copolymers "abs", in primary forms 50001059 75.49
39039090 Polymers of styrene, in primary forms (excl. polystyrene, styrene-acrylonitrile copolymers "san", acrylonitrile-butadiene-styrene "abs", copolymer solely of styrene with allyl alcohol, of an acetyl value of >= 175 and brominated polystyrene, containing by weight >= 58% but <= 71% of bromine, in blocks of irregular shape, lumps, powders, granules, flakes and similar bulk forms) 10898030 25.4
39039010 Copolymer solely of styrene with allyl alcohol, of an acetyl value of >= 175, in primary form 745500 1.34
39039020 Brominated polystyrene containing by weight >= 58% but <= 71% of bromine, in blocks of irregular shape, lumps, powders, granules, flakes and similar bulk forms 157030 1.17

People Also Ask

Which country is the major exporter of Abs to India?

Rep. of Korea, TAIWAN, Saudi Arabia, USA, Thailand are the major exporters of Abs to India.

Describe Abs import industry in India?

Abs import industry in India is worth 100.89 USD Million in India in 2020-2021 (Apr-Nov). There are total of 49 countries from where India import’s 126690990 quantity of Abs.