Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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India | Imports and Exports | World | Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" from India totalled $ 2.11 billion in 2023. Sales of commodity group 8481 from India went up by 16.5% compared to 2022: exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" went up by $ 301 million (cumulative exports of commodity group 8481 from India amounted $1.81 billion in 2022)

Exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" amounted to 0.491% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8481 in total exports from India increased by 0.089 p.p. compared to 2022 (it was 0.401% in 2022 and cumulative exports from India were equal to $ 452 billion).

Exports of commodity group 8481 amounted to 7.22% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $29 billion in 2023). The share of exports of commodity group 8481 in sales of commodity group from India increased by 0.621 p.p. compared to 2022 (it was 6.6% in 2022, and exports of commodity group from India were $27 billion).

Where does India export Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves?

Top export destinations of "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" from India in 2023:

  • USA with a share of 26% (553 million US$)
  • United Arab Emirates with a share of 7% (148 million US$)
  • China with a share of 5.68% (120 million US$)
  • Saudi Arabia with a share of 4.7% (99 million US$)
  • Germany with a share of 4.32% (91 million US$)
  • Singapore with a share of 4.17% (88 million US$)
  • United Kingdom with a share of 3.71% (78 million US$)
  • France with a share of 3.34% (70 million US$)
  • Spain with a share of 3.32% (70 million US$)
  • Italy with a share of 3.26% (69 million US$)

Exports structure of 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves - from India in 2023 represented by the following main commodity groups:

  • 51% (1.08 billion US$): 848180 - Taps, cocks, valves & sim. appls. for pipes/boiler shells/tanks/vats or the like, incl. thermostatically controlled valves, n.e.s. in 84.81
  • 36% (765 million US$): 848190 - Parts of the appls. of 84.81
  • 5.56% (117 million US$): 848120 - Valves for oleohydraulic/pneumatic transmissions for pipes/boiler shells/tanks/vats or the like
  • 4.22% (89 million US$): 848110 - Pressure-reducing valves for pipes/boiler shells/tanks/vats or the like
  • 1.82% (38 million US$): 848130 - Check (nonreturn) valves for pipes/boiler shells/tanks/vats or the like
  • 1.05% (22 million US$): 848140 - Safety/relief valves for pipes/boiler shells/tanks/vats or the like

The value of imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" to India totalled $ 2.03 billion in 2023. Sales of commodity group 8481 to India went up by 8.23% compared to 2022: imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" went up by $ 154 million (the value of imports of commodity group 8481 to India was equal to $1.87 billion in 2022)

Imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" accounted for 0.302% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8481 in total imports to India increased by 0.046 p.p. compared to 2022 (it was 0.256% in 2022 and cumulative imports to India were equal to $ 732 billion).

Imports of commodity group 8481 reached 3.56% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $57 billion in 2023). The share of purchases of commodity group 8481 in total imports of commodity group to India increased by 0.135 p.p. compared to 2022 (it was 3.42% in 2022, and imports of commodity group to India accounted for $54 billion).

Where does India import Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves from?

Top trading partners (import of "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves") of India in 2023:

  • China with a share of 21% (444 million US$)
  • Germany with a share of 15.9% (323 million US$)
  • USA with a share of 12% (244 million US$)
  • Italy with a share of 7.5% (152 million US$)
  • Japan with a share of 7.17% (145 million US$)
  • Korea with a share of 6.42% (130 million US$)
  • France with a share of 5.97% (121 million US$)
  • United Kingdom with a share of 4.76% (96 million US$)
  • Vietnam with a share of 1.9% (38 million US$)
  • Thailand with a share of 1.79% (36 million US$)

Imports structure of 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves - to India in 2023 represented by the following main commodity groups:

  • 61% (1.25 billion US$): 848180 - Taps, cocks, valves & sim. appls. for pipes/boiler shells/tanks/vats or the like, incl. thermostatically controlled valves, n.e.s. in 84.81
  • 20% (417 million US$): 848190 - Parts of the appls. of 84.81
  • 10.5% (214 million US$): 848120 - Valves for oleohydraulic/pneumatic transmissions for pipes/boiler shells/tanks/vats or the like
  • 2.92% (59 million US$): 848140 - Safety/relief valves for pipes/boiler shells/tanks/vats or the like
  • 2.18% (44 million US$): 848110 - Pressure-reducing valves for pipes/boiler shells/tanks/vats or the like
  • 1.85% (37 million US$): 848130 - Check (nonreturn) valves for pipes/boiler shells/tanks/vats or the like

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India | Imports and Exports | World | Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves | Value (US$) and Value Growth, YoY (%) | 2012 - 2023