HS 847990 Buyers of Machinery parts

Machines and mechanical appliances; parts, of those having individual functions. World imports reached $22.48B in 2023.

Top buyers · Open tenders (52)

Top importing countries

World imports $22.48B (2023, 166 reporting countries, UN Comtrade).

#CountryImportsShare
1USA$3.77B16.8%
2Germany$2.10B9.4%
3China$1.39B6.2%
4Mexico$1.05B4.7%
5Japan$876.1M3.9%
6Singapore$749.7M3.3%
7France$749.1M3.3%
8Malaysia$717.6M3.2%
9Canada$680.3M3.0%
10United Kingdom$589.3M2.6%

Open government tenders

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Exporting from India? Duty & RoDTEP rates

Basic customs duty (MFN)

7.5%

Applied MFN rate, 5 tariff line(s), WITS 2023. Excludes AIDC & SWS.

RoDTEP (export incentive)

0.9%

DGFT Appendix 4R, w.e.f. 10 Oct 2024.

IGST & duty drawback

Check official schedule

IGST: CBIC GST rates · Drawback: CBIC drawback schedule.
RoDTEP tariff lines (5)
84799010Of machines for public works, building and the like0.9%
84799020Of machines for the extraction of animal or fruit and0.9%
84799030Of machines and mechanical appliances for treating wood0.9%
84799040Of machinery used for manufacture of chemicals and0.9%
84799090Other0.9%

Related HS codes