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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 (%) | 2012 - 2023

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Commodity	Reporter	Partner	Trade flow	Indicator	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
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	India	World	Exports	Value (US$)	32,597,560.00	36,376,910.00	35,142,328.00	31,911,897.00	27,257,379.00	36,614,486.47	42,594,455.17	39,738,890.27	33,175,603.68	53,683,036.00	57,407,852.64	50,961,398.08
			Exports	Value Growth, YoY (%)	-22.05	11.59	-3.39	-9.19	-14.58	34.32	16.33	-6.70	-16.51	61.81	6.93	-11.22
			Imports	Value (US$)	143,728,266.00	131,002,782.00	127,081,723.00	135,967,527.00	126,579,016.00	136,158,576.49	176,245,498.15	166,241,147.15	152,780,028.84	248,912,648.26	335,268,265.88	365,055,056.51
			Imports	Value Growth, YoY (%)	-5.48	-8.85	-2.99	6.99	-6.90	7.56	29.44	-5.67	-8.09	62.92	34.69	8.88

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).

Exports | India | 8505

Export destinations 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

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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).

Imports | India | 8505

Sources of imports 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 for India