How to
Import Absorber to India

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

Absorber

Summary for the Indian Absorber import

In FY 2020-2021 (Apr-Nov), Around 18.13 USD million of Absorber is imported from India to China. It is around 21.37% of the total import of Absorber.

  • The value of Absorber import from India in October 2020 is 12.15 USD million .
  • Major countries where Absorber was imported in October 2020 are China(2.76), Germany(1.56), USA(1.31), United Kingdom(1.06), Japan(0.98).
S.no. Country Qty Value(USD Million) Month year
China 984220 2.76 October 2020
Germany 104750 1.56 October 2020
USA 79410 1.31 October 2020
United Kingdom 36810 1.06 October 2020
Japan 43270 0.98 October 2020
Thailand 106780 0.88 October 2020
Singapore 25760 0.81 October 2020
China, Hong Kong SAR 20180 0.56 October 2020
Rep. of Korea 44370 0.54 October 2020
Sweden 14780 0.3 October 2020
Netherlands 24550 0.21 October 2020
Italy 8050 0.18 October 2020
Switzerland 2180 0.17 October 2020
Finland 860 0.13 October 2020
France 2590 0.09 October 2020
United Arab Emirates 194720 0.09 October 2020
Belgium 2550 0.07 October 2020
Poland 2530 0.07 October 2020
Austria 1370 0.06 October 2020
Czech Rep. 5730 0.05 October 2020

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Import Absorber to India

How we help you import Absorber to India?

There are 77 distinct countries to import Absorber into India. Collectively India imported 84.85 USD Million of Absorber from those 77 countries in 2020-2021 (Apr-Nov) and 241.09 USD Million in 2018, which is up by 15.16% than the Absorber imported into India the previous year. In 2017, 79 countries exported around 39515060 quantity of Absorber to India while in 2018, India’s Absorber import accounts to 50680648 quantity from 83 countries. This shows the rise of 28.26% Absorber import in terms of quantity imported.

To import Absorber to India, the best countries according to Indian shipment records are China, Germany, USA, Japan, Thailand . Together they sold 84.85 USD Million worth value of Absorber to India.

Overall the import of Absorber into India gain of 40.13% since 2014 when Absorber import shipments into India were valued at 172.05 USD Million. Year over year, the value of Absorber import from India up by 15.16% from 2017 to 2018.

The import reached an all time high of 241.09 USD Million during the year 2018.

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

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

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

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

S.NO. Country Quantity of import import value of Absorber
import Absorber to India from China 8365230 18.13
import Absorber to India from Germany 1778090 16.74
import Absorber to India from USA 708400 8.55
import Absorber to India from Japan 380940 6.1
import Absorber to India from Thailand 652820 5.11
import Absorber to India from United Kingdom 558020 4.43
import Absorber to India from Singapore 149880 4.26
import Absorber to India from China, Hong Kong SAR 179520 4.17
import Absorber to India from Rep. of Korea 266350 2.53
import Absorber to India from Netherlands 193090 1.88

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

S.NO. Code Name Quantity of import import value of Absorber
87088000 Suspension shock absorbers 2269429 28.93
70051010 Tntd non-wired gls hvg absrbnt rfltng lyer 8849520 21.96
70051090 Othr non-wired gls hvg absrbnt rfltng lyer 3936750 15.38

Import Duty for Hydraulic Shock Absorbers For Railway Bogies under HS CODE 86079930

HS Code 86079930
Description Hydraulic Shock Absorbers For Railway Bogies
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 Suspension Systems And Parts thereof (including Shock Absorbers) under HS CODE 87088000

HS Code 87088000
Description Suspension Systems And Parts thereof (including Shock Absorbers)
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 Absorber to India?

China, Germany, USA, Japan, Thailand are the major exporters of Absorber to India.

Describe Absorber import industry in India?

Absorber import industry in India is worth 84.85 USD Million in India in 2020-2021 (Apr-Nov). There are total of 77 countries from where India import’s 41198340 quantity of Absorber.