India | Imports and Exports | World | Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
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 $ 50 million in 2023. Sales of commodity group 8505 from India decreased by 11.2% in value terms compared to 2022. 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" decreased by $ 6.44 million (cumulative exports of commodity group 8505 from India amounted $57 million in 2022)
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 0.011% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8505 in total exports from India decreased by 0 p.p. compared to 2022 (it was 0.012% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 8505 amounted to 0.157% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $32 billion in 2023). The share of exports of commodity group 8505 in sales of commodity group from India lowered by 0.058 p.p. compared to 2022 (it was 0.216% in 2022, and exports of commodity group from India were $26 billion).
Where does India export Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads?
Top export destinations of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from India in 2023:
- Germany with a share of 20% (10.5 million US$)
- China with a share of 14.9% (7.61 million US$)
- USA with a share of 10.4% (5.34 million US$)
- Czech Republic with a share of 10.1% (5.15 million US$)
- United Kingdom with a share of 2.94% (1.5 million US$)
- Mexico with a share of 2.41% (1.23 million US$)
- Turkey with a share of 2.35% (1.2 million US$)
- United Arab Emirates with a share of 2.22% (1.13 million US$)
- Italy with a share of 2.16% (1.1 million US$)
- Hong Kong with a share of 1.95% (994 thousand US$)
Exports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - from India in 2023 represented by the following main commodity groups:
- 40% (20 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
- 38% (19.5 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
- 13.1% (6.72 million US$): 850520 - Electro-magnetic couplings, clutches & brakes
- 7.41% (3.77 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 $ 365 million in 2023. Sales of commodity group 8505 to India went up by 8.88% compared to 2022: 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 $ 29 million (the value of imports of commodity group 8505 to India was equal to $335 million in 2022)
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 0.054% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8505 in total imports to India increased by 0.008 p.p. compared to 2022 (it was 0.045% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 8505 reached 0.479% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $76 billion in 2023). The share of purchases of commodity group 8505 in imports of commodity group to India went down by 0.001 p.p. compared to 2022 (it was 0.481% in 2022, and imports of commodity group to India accounted for $69 billion).
Where does India import Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads from?
Top trading partners (import of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads") of India in 2023:
- China with a share of 65% (237 million US$)
- Germany with a share of 6.03% (22 million US$)
- Korea with a share of 5.61% (20 million US$)
- Japan with a share of 4.73% (17.2 million US$)
- France with a share of 4.11% (15 million US$)
- Malaysia with a share of 2.19% (8 million US$)
- USA with a share of 1.95% (7.13 million US$)
- Indonesia with a share of 1.45% (5.32 million US$)
- Thailand with a share of 1.11% (4.06 million US$)
- Vietnam with a share of 1.02% (3.74 million US$)
Imports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - to India in 2023 represented by the following main commodity groups:
- 55% (202 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
- 21% (78 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
- 18.8% (68 million US$): 850519 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, other than of metal
- 4.28% (15.6 million US$): 850520 - Electro-magnetic couplings, clutches & brakes
