High Profits
According to Volza's Global Export data, World exported 293,879 shipments of Hsn Code 8701 from Mar 2023 to Feb 2024 (TTM). These exports were made by 25,272 Exporters to 26,948 Buyers, marking a growth rate of -8% compared to the preceding twelve months.
Within this period, in Feb 2024 alone, 14,412 Hsn Code 8701 export shipments were made Worldwide. This marks a year-on-year growth of -41% compared to Feb 2023, and a -18% sequential growth from Jan 2024.
Most of the Hsn Code 8701 exports from the World go to the United States, Tanzania, and Russia.
Globally, the top three exporters of Hsn Code 8701 are India, China, and Japan. India leads the world in Hsn Code 8701 exports with 295,118 shipments, followed by China with 206,520 shipments, and Japan taking the third spot with 79,129 shipments.
These facts are updated till July 4, 2024, and are based on Volza's Global Export data of Hsn Code 8701, Paid subscribers can gain full access to the most recent Volza export import data.
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2024-04-29 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $32,784.16 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 3 UNT $67,033.53 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $24,448.78 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 11 UNT $314,251.03 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $24,448.78 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-26 870194100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 12 UNT $438,791.2 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $24,448.78 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $24,663.24 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-26 870193100000 WHEELED AGRICULTURAL TRACTORS AND WHEELERS USED IN FORESTRY TRACTORS 1 UNT $24,663.24 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample |
Hsn Code 8701 is exported globally to over 196 countries. Within Our Volza database, we have detailed information on over 78,316 active global Hsn Code 8701 buyers. To help you identify the most suitable partners in this extensive pool, Volza's advanced matching feature scrutinizes billions of shipping invoices, factoring in over 20 parameters to ensure a perfect alignment with your business objectives. This database includes prominent buyers buying Hsn Code 8701 from World such as MAHINDRA USA INC, SAME DEUTZ FAHR ITALIA S P A, and CNH AMERICA LLC. For an expanded view, we invite you to refer to our table presenting the Top 10 Hsn Code 8701 Buyer Countries worldwide.
Rank | Buyer Countries | Count |
|---|---|---|
1 | 11,744 | |
2 | 7,774 | |
3 | 5,117 | |
4 | 4,140 | |
5 | 3,684 | |
6 | 3,178 | |
7 | 2,770 | |
8 | 2,502 | |
9 | 2,423 | |
10 | 2,419 |
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Hsn Code 8701 is exported to over 196 countries worldwide, with United States, Tanzania, and Russia being the principal importers. Collectively, these three countries consume 28% of all Hsn Code 8701 exports globally. United States stands at the forefront, importing 137,186 shipments which translates to a market share of 11%. It is closely followed by Tanzania with 111,889 shipments, giving it an 9% market share, and Russia with 108,054 shipments, equating to a 8% market share. Additional key markets for Hsn Code 8701 exports from World encompass Turkey, Ukraine, Chile, Ivory Coast, Kazakhstan, and Peru. For a comprehensive understanding, refer to the table that illustrates the Top 10 Global Markets for Hsn Code 8701.
Rank | Importing Countries | Count |
|---|---|---|
1 | 137,186 | |
2 | 111,889 | |
3 | 108,054 | |
4 | 94,041 | |
5 | 90,553 | |
6 | 49,575 | |
7 | 43,298 | |
8 | 40,580 | |
9 | 40,365 | |
10 | 34,648 |
Over 176 countries contribute to the global export of Hsn Code 8701, India is the largest exporter of Hsn Code 8701, it's contribution of 295,118 export shipments attests to its significant market share of 23%. Following India,China emerges as a key player with 206,520 shipments, securing an 16% market share. Japan also makes a mark with its 79,129 shipments, translating to a 6% market share. To dive deeper into Hsn Code 8701 exports from these countries, simply click on the links provided below. Each link directly relates to the shipment count from the respective country.
Rank | Exporting Countries | Count |
|---|---|---|
1 | 295,118 | |
2 | 206,520 | |
3 | 79,129 | |
4 | 72,724 | |
5 | 56,810 | |
6 | 56,098 | |
7 | 51,628 | |
8 | 45,884 | |
9 | 43,131 | |
10 | 35,613 |
Hsn Code 8701 is supplied globally by over 176 countries. Within our Volza database, we have detailed information on more than 70,800 active Hsn Code 8701 suppliers worldwide. To assist you in finding the ideal business partners, you can utilize Volza's advanced feature that examines billions of shipping invoices through over 20 parameters. Noteworthy World Hsn Code 8701 suppliers such as JOHN DEERE INDIA PVT LTD, INTERNATIONAL MOTORS LTD, and MAHINDRA MAHINDRA LTD& nbsp; are included in this comprehensive database.For a broader understanding, please refer to our table detailing the Top 10 Hsn Code 8701 Supplier Countries, along with the additional resources linked below.
Rank | Country | Count |
|---|---|---|
1 | 7,742 | |
2 | 7,592 | |
3 | 7,467 | |
4 | 7,110 | |
5 | 5,889 | |
6 | 4,446 | |
7 | 2,591 | |
8 | 2,550 | |
9 | 2,319 | |
10 | 2,134 |
A comprehensive price analysis of Hsn Code 8701 exports can reveal the most profitable buyers, markets, and cost-effective suppliers. The per-shipment Hsn Code 8701 price can be observed in the above export data, supplemented with a rough analysis. For a more precise analysis, application of filters like Quality of Hsn Code 8701, Unit of Quality, and Country of Origin to the Hsn Code 8701 export data is required, accessible through a paid subscription. Deep price analysis provides crucial insights for your business, as outlined below.
Looking to diversify into new, fast-growing, high-profit-margin products related to Hsn Code 8701, without additional investment or expertise? Volza’s hot product analysis can help you discover these in just a few seconds. Please note that hot product analysis is not available in the free version. Here, you can individually explore products related to Hsn Code 8701. The following provides more insights on why and how to choose a Hsn Code 8701-related product offering higher growth and profitability without additional investments. We also recommend watching this ISB webinar on choosing the ideal high-growth product.
Rank | Related Products | Count |
|---|---|---|
1 | 162 | |
2 | 75 | |
3 | 94 | |
4 | 224 | |
5 | 82,237 | |
6 | 18,820 | |
7 | Manual Transmission Clutch Kit | 38 |
8 | 723 | |
9 | 361 | |
10 | 397,279 |
Optimize your supply chain and logistics by exporting Hsn Code 8701 from the most popular ports. Certain ports are more suited for specific products due to their efficiency in logistics planning, execution, and supply chain management. Whether you're an importer or exporter, considering this information can greatly enhance the overall efficiency of your Hsn Code 8701 Export Import business.
Rank | Country | Count |
|---|---|---|
1 | Jnpt | 38,096 |
2 | Dadri Acpl Cfs | 25,127 |
3 | Madras Sea | 21,788 |
4 | Bhamboli Khed Icd | 18,516 |
5 | Brazil Ports | 17,005 |
6 | Talegaon Icd | 16,370 |
7 | Busan Korea Ports | 15,982 |
Dive into a world market with a click! Access over 2 billion records to pinpoint buyers across 200 countries
Employee advanced filters to discover buyers that fit your business like a glove. Filter by shipment details, country, volume, and
Cut through the noise and connect directly with the people who matter. By reaching out to top decision-makers,
Use Volza’s price filters to target buyers who meet your ideal price point, ensuring every sale aligns with your profitability
Negotiate firmly with your Buyers, Find what prices they are buying with Volza data
Set up alerts to stay informed about critical changes in buyer behavior like financial health, transaction consistency
 Detailed Data44+ Countries Detailed data with both buyer and supplier names and more than 95% coverage. |  One Side Data9+ Countries One side with either buyer or supplier names and more than 95% coverage. |  Detailed Mirror Data91+ Countries Minor data with both buyer or supplier names and between 30 to 40% coverage. |  Statistical Data46+ Countries Statistical data with only one HSN Code value and 100% coverage. |  Exclusive Data8+ Countries Exclusive data is only available with Volza. |
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"Due to Volza reports, We were able to reduce our import duty by 30%.This had a huge direct impact on our profit margins."
"Volza helped me discover a new product with 50% margin, huge volumes and 40% growth rate. I have a winner now and expanding rapidly."
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Hsn Code 8701 industry comprises 70,800 manufacturers and exporters, as well as 78,316 importers. The total number of export shipments made is 1,275,797, while the number of import shipments of Hsn Code 8701 accounted for 1,275,797. Over the last 12 months (Mar 2023 to Feb 2024), the growth rate of Hsn Code 8701 exports from world stood at -8%, while the growth rate of Hsn Code 8701 imports during the same period was -8%.
Starting a Hsn Code 8701 export business in world requires careful planning and understanding of export procedures. First, establish a firm or company and register it under the Companies Act, 2013. Then, obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). Once you secure the IEC, find reliable manufacturers or suppliers of Hsn Code 8701 products and establish contacts with potential international clients.
Starting a Hsn Code 8701 export business in world requires adherence to many rules and regulations. The most crucial step is obtaining an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). Businesses must also comply with the Government of world's Foreign Trade Policy (FTP), which governs product exports. As these rules can be complex, it's essential to consult a professional who understands the specific regulations for Hsn Code 8701. Depending on the type of goods, you may need additional licenses or certificates.
Determining the profitability of the Hsn Code 8701 export business can be achieved by following these steps:
1. Conduct a Profitability Analysis: Start by comparing the local market cost of Hsn Code 8701 to its export price. You can find export price data of Hsn Code 8701 from Volza, which can provide an immediate sense of the potential profits.
2. Identify Profitable Buyers and Markets: Increasing profits often involves targeting profitable buyers and markets. Fast-growing markets can be particularly lucrative. Volza's export data of Hsn Code 8701 can be a valuable resource for this information.
Ultimately, like in any business, the profitability of the Hsn Code 8701 export business depends on a variety of factors such as product quality, competitive pricing, and ensuring a smooth supply chain is crucial to meet international demand on time and maintain the business's profitability. It's important to pay attention to these aspects to ensure a successful and profitable business.
Creating a growth strategy for a Hsn Code 8701 export business involves understanding the global demand for Hsn Code 8701, identifying potential customers, and offering quality products at competitive prices. All this information can be found in the Hsn Code 8701 export data on Volza. Using this data, you can develop an effective, data-driven strategy to expand your Hsn Code 8701 export business . In addition, it's important to keep up with the latest technological advances in Hsn Code 8701 manufacturing and changes in export regulations. Implementing digital marketing strategies, establishing a professional online presence, networking at industry events, and building long-term relationships with clients can also contribute significantly to business growth.
Major products related to Hsn Code 8701 exported by world are Fuel Tank Alarms, Light Socket Extenders, Trailer Hitch Receiver Lock, Trailer Receiver Lock, International Tractor, and Tow Tractor.
According to Volza's export data from Mar 2023 to Feb 2024, world exported Hsn Code 8701 to 183 different countries. The top three importers were Russia, Turkey, and Tanzania collectively accounting for 40% of the world's total Hsn Code 8701 exports. Russia was the largest importer, receiving 20% or 43,389 shipments. Turkey followed with 20% or 42,743 shipments, and Tanzania with 15% or 32,735 shipments.
According to Volza's Global Trade data, from Mar 2023 to Feb 2024, China, India, and United Kingdom collectively contributed to 50% of the total global Hsn Code 8701 exports. Among these, China emerged as the largest exporter, accounting for 39% or 88,453 shipments, followed by India with 18% or 40,696 shipments, and United Kingdom with 7% or 16,033 shipments.
According to Volza's Global Trade data, During Mar 2023 to Feb 2024, Russia, Turkey, and Tanzania accounted for 40% of the world's total Hsn Code 8701 imports. Russia is the leading importer, comprising 20% of the total with 43,389 shipments. This is followed by Turkey with a 20% share, equivalent to 42,743 shipments, and Tanzania at 15%, equating to 32,735 shipments.
To locate authentic and active buyers for Hsn Code 8701 products , a reliable method is to refer to the export data of Hsn Code 8701 shipments. This data offers complete details, including buyer names, supplier names, and product descriptions. Here is the link to Hsn Code 8701 Buyers buying across world.
You can find New markets for Hsn Code 8701 exports from Volza Country wise market report of last 10 years with growth rate, buyer, supplier, price and volume.
To import Hsn Code 8701 , it's advisable to first analyze the export data of Hsn Code 8701 from world available on Volza. This analysis can help you understand competitive pricing, optimal quality of the products, and identify reliable and cost-effective vendors. Volza's data also offers contact details of key decision-makers at manufacturing firms. Once you've shortlisted potential manufacturers or exporters based on your research, you can establish a connection with them. After negotiating trade terms, issue a purchase order. The exporter will ship the goods upon receipt of payment or as per agreed terms. As an importer, you must adhere to the customs regulations of your home country, which may include payment of necessary duties or taxes.
Using the correct HSN Code for Hsn Code 8701 is a crucial regulatory requirement. It also determines the rate of duty and the export benefits. You can find the most commonly used HSN code from the link below and study other HSN codes related to the export of Hsn Code 8701.
HSN Code for Hsn Code 8701 Tube Export
HSN- 8701 : 10,401
HSN- 87019300 : 642
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The content on this page is generated based on the extensive Global Trade data and World Export data housed in Volza's databases. Further details are outlined below:
