5. Ac Bearings Ac Bearings under category Automobile, Parts & Spares Ac Bearings
    INR  609.7 2020-11-05 https://schema.org/InStock

How to
Import Ac Bearings to India

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

Ac Bearings

Summary for the Indian Ac Bearings import

In FY 2020-2021 (Apr-Nov), Around 223.8 USD million of Ac Bearings is imported from India to China. It is around 40.16% of the total import of Ac Bearings.

  • The value of Ac Bearings import from India in October 2020 is 81.95 USD million .
  • Major countries where Ac Bearings was imported in October 2020 are China(36.51), Germany(12.0), Japan(8.16), Rep. of Korea(3.68), Singapore(3.24).
S.no. Country Qty Value(USD Million) Month year
China 81145330 36.51 October 2020
Germany 5201260 12.0 October 2020
Japan 6861520 8.16 October 2020
Rep. of Korea 2663770 3.68 October 2020
Singapore 1539360 3.24 October 2020
USA 4340840 3.01 October 2020
Netherlands 244750 1.9 October 2020
Thailand 3624569 1.62 October 2020
Italy 3254849 1.42 October 2020
Romania 102960 1.39 October 2020
France 521180 1.38 October 2020
TAIWAN 2027820 1.0 October 2020
United Kingdom 176760 0.94 October 2020
Czech Rep. 27180 0.67 October 2020
Viet Nam 25760 0.64 October 2020
Belgium 166630 0.63 October 2020
Sweden 12970 0.59 October 2020
United Arab Emirates 97730 0.55 October 2020
Brazil 188439 0.4 October 2020
Indonesia 818270 0.37 October 2020

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Import Ac Bearings to India

How we help you import Ac Bearings to India?

There are 90 distinct countries to import Ac Bearings into India. Collectively India imported 557.33 USD Million of Ac Bearings from those 90 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 19.47% than the Ac Bearings imported into India the previous year. In 2017, countries exported around quantity of Ac Bearings to India while in 2018, India’s Ac Bearings import accounts to quantity from countries. This shows the rise of �% Ac Bearings import in terms of quantity imported.

To import Ac Bearings to India, the best countries according to Indian shipment records are China, Germany, Japan, USA, Singapore . Together they sold 557.33 USD Million worth value of Ac Bearings to India.

Overall the import of Ac Bearings into India gain of 35.27% since 2014 when Ac Bearings import shipments into India were valued at 1021.635 USD Million. Year over year, the value of Ac Bearings import from India up by 19.47% from 2017 to 2018.

The import reached an all time high of 1382.0 USD Million during the year 2018.

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

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

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

Some HS Codes corresponding to Ac Bearings are

S.No Product H.S Code
Ball or roller bearings 8482
Bearings, ball 848210
Bearings, tapered roller, including assemblies 848220
Bearings, spherical roller 848230
Bearings, needle roller 848240
Bearings, cylindrical roller, nes 848250
Bearings, ball or roller, nes, including combinations 848280
Balls, needles and rollers for bearings 848291
Ball bearings with greatest external diameter less than equals to 30 mm 84821010
Ball bearings with greatest external diameter greater than 30 mm 84821090

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

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

S.NO. Country Quantity of import import value of Ac Bearings
import Ac Bearings to India from China 445452259 223.8
import Ac Bearings to India from Germany 67770560 90.55
import Ac Bearings to India from Japan 36835510 56.15
import Ac Bearings to India from USA 23467520 29.42
import Ac Bearings to India from Singapore 11661420 21.78
import Ac Bearings to India from Rep. of Korea 20754290 21.05
import Ac Bearings to India from Italy 20927390 17.01
import Ac Bearings to India from Netherlands 786260 14.72
import Ac Bearings to India from Thailand 21332180 9.84
import Ac Bearings to India from United Kingdom 2829790 9.27

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

S.NO. Code Name Quantity of import import value of Ac Bearings
84821090 Ball bearings with greatest external diameter > 30 mm 179890660 89.73
84829900 Parts of ball or roller bearings (excl. balls, needles and rollers), n.e.s. 11243580 72.1
84821011 Adapter ball bearings(radial type) <=50mm or 2 inches bore diameter 197036600 60.65
84833000 Bearing housungs,not incorporating ball or roller bearings;plain shaft bearings 75723120 60.45
84823000 Spherical roller bearings 13106660 52.13
84828000 Roller bearings, incl. combined ball-roller bearings (excl. ball bearings, tapered roller bearings, incl. cone and tapered roller assemblies, spherical roller bearings, needle and cylindrical roller bearings) 58446700 50.87
84832000 Bearing housings, incorporating ball or roller bearings, for machinery 12279830 31.8
84821020 Ball berng(radl typ)excl adtr ball berng (radl typ)(slf-aligning bal berng,n.e.s., seprabl bal berngs,<=50mm/2 inchs bo 77647580 30.64
84822090 Other tapered rolled bearings 12053690 27.04
84824000 Needle roller bearings 83979710 16.55

Import Duty for Spherical Roller Bearings under HS CODE 84823000

HS Code 84823000
Description Spherical Roller Bearings
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Needle Roller Bearings under HS CODE 84824000

HS Code 84824000
Description Needle Roller Bearings
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Other Including Combined Ball Or Roller Bearings under HS CODE 84828000

HS Code 84828000
Description Other Including Combined Ball Or Roller Bearings
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Bearing Housings Incorporating Ball Or Roller Bearings under HS CODE 84832000

HS Code 84832000
Description Bearing Housings Incorporating Ball Or Roller Bearings
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

Import Duty for Bearing Housings Not Incorporating Ball Or Roller bearings; Plain Shaft Bearings under HS CODE 84833000

HS Code 84833000
Description Bearing Housings Not Incorporating Ball Or Roller bearings; Plain Shaft Bearings
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

People Also Ask

Which country is the major exporter of Ac Bearings to India?

China, Germany, Japan, USA, Singapore are the major exporters of Ac Bearings to India.

What is the import duty on import of Ac Bearings in India?

Custom Duty : 7.5% and IGST : 18%

Describe Ac Bearings import industry in India?

Ac Bearings import industry in India is worth 557.33 USD Million in India in 2020-2021 (Apr-Nov). There are total of 90 countries from where India import’s quantity of Ac Bearings.