Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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India | Imports and Exports | World | Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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8505. Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting headsIndiaWorldExportsValue (US$)41,818,884.0032,597,560.0036,376,910.0035,142,328.0031,911,897.0027,257,379.0036,614,486.4742,594,455.1739,738,890.2733,175,603.6853,683,036.0057,407,852.64
Value Growth, YoY (%)11.17-22.0511.59-3.39-9.19-14.5834.3216.33-6.70-16.5161.816.93
ImportsValue (US$)152,069,651.00143,728,266.00131,002,782.00127,081,723.00135,967,527.00126,579,016.00136,158,576.49176,245,498.15166,241,147.15152,780,028.84248,912,648.26335,268,265.88
Value Growth, YoY (%)43.87-5.48-8.85-2.996.99-6.907.5629.44-5.67-8.0962.9234.69

The value of exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from India totalled $ 57 million in 2022. Sales of commodity group 8505 from India went up by 6.93% compared to 2021: exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" went up by $ 3.72 million (cumulative exports of commodity group 8505 from India amounted $53 million in 2021)

Exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" amounted to 0.012% of total exports from India (cumulative merchandise exports from India totalled $ 452 billion in 2022). The share of commodity group 8505 in total exports from India decreased by 0 p.p. compared to 2021 (it was 0.013% in 2021 and cumulative exports from India were equal to $ 394 billion).

Exports of commodity group 8505 amounted to 0.216% of total sales of group "" from India in 2022 (the value of exports of commodity group from India amounted to $26 billion in 2022). The share of exports of commodity group 8505 in sales of commodity group from India lowered by 0.068 p.p. compared to 2021 (it was 0.284% in 2021, and exports of commodity group from India were $18.8 billion).

Where does India export Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads?

Top export destinations of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from India in 2022:

  • Czech Republic with a share of 19.6% (11.2 million US$)
  • Germany with a share of 14.8% (8.52 million US$)
  • China with a share of 13.4% (7.69 million US$)
  • USA with a share of 9.04% (5.19 million US$)
  • Hong Kong with a share of 4.06% (2.33 million US$)
  • Italy with a share of 3.33% (1.91 million US$)
  • Nepal with a share of 2.38% (1.36 million US$)
  • United Arab Emirates with a share of 2.2% (1.26 million US$)
  • United Kingdom with a share of 2.19% (1.26 million US$)
  • Thailand with a share of 2.09% (1.2 million US$)

Exports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - from India in 2022 represented by the following main commodity groups:

  • 52% (29 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
  • 29% (17 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
  • 10.5% (6.07 million US$): 850520 - Electro-magnetic couplings, clutches & brakes
  • 7.48% (4.29 million US$): 850519 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, other than of metal

The value of imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" to India totalled $ 335 million in 2022. Sales of commodity group 8505 to India went up by 34% compared to 2021: imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" went up by $ 86 million (the value of imports of commodity group 8505 to India was equal to $248 million in 2021)

Imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" accounted for 0.045% of total import flow to India (in 2022, total imports to India amounted to $ 732 billion). The share of commodity group 8505 in total imports to India increased by 0.002 p.p. compared to 2021 (it was 0.043% in 2021 and cumulative imports to India were equal to $ 570 billion).

Imports of commodity group 8505 reached 0.481% of total imports of group "" to India in 2022 (imports of commodity group to India totalled $69 billion in 2022). The share of purchases of commodity group 8505 in total imports of commodity group to India increased by 0.042 p.p. compared to 2021 (it was 0.438% in 2021, and imports of commodity group to India accounted for $56 billion).

Where does India import Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads from?

Top trading partners (import of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads") of India in 2022:

  • China with a share of 60% (201 million US$)
  • Germany with a share of 6.81% (22 million US$)
  • Korea with a share of 4.87% (16.3 million US$)
  • France with a share of 4.56% (15.3 million US$)
  • Japan with a share of 4.53% (15.2 million US$)
  • Hong Kong with a share of 4.01% (13.4 million US$)
  • USA with a share of 1.99% (6.68 million US$)
  • Singapore with a share of 1.95% (6.54 million US$)
  • Other Asia, nes with a share of 1.54% (5.16 million US$)
  • Indonesia with a share of 1.5% (5.05 million US$)

Imports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - to India in 2022 represented by the following main commodity groups:

  • 51% (174 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
  • 22% (76 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
  • 20% (69 million US$): 850519 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, other than of metal
  • 4.43% (14.8 million US$): 850520 - Electro-magnetic couplings, clutches & brakes

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India | Imports and Exports | World | Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation | Value (US$) and Value Growth, YoY (%) | 2011 - 2022