HSN Code 8423 Exports from World - Market Size & Demand based on Export Trade Data

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According to Volza's Global Export data, World exported 153,831 shipments of Hsn Code 8423 from Mar 2023 to Feb 2024 (TTM). These exports were made by 28,055 Exporters to 31,889 Buyers, marking a growth rate of 12% compared to the preceding twelve months.
Within this period, in Feb 2024 alone, 8,918 Hsn Code 8423 export shipments were made Worldwide. This marks a year-on-year growth of -21% compared to Feb 2023, and a -25% sequential growth from Jan 2024.
Most of the Hsn Code 8423 exports from the World go to the India, United States, and Peru.
Globally, the top three exporters of Hsn Code 8423 are China, India, and Germany. China leads the world in Hsn Code 8423 exports with 406,035 shipments, followed by India with 97,141 shipments, and Germany taking the third spot with 43,252 shipments.
These facts are updated till July 4, 2024, and are based on Volza's Global Export data of Hsn Code 8423, Paid subscribers can gain full access to the most recent Volza export import data.
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2024-04-29 84239020 505016- CENTER COUPLER LINK MADE IN GERMANY PART OF ELECTRONIC WEIGHING MACHINE WTS.MEASURE REG.CERT.NO. IMP/MH/39/ 1 $31.35 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-29 84239020 502928- LOAD SUPPORT C/CS PART OF ELECTRONIC WEIGHING MACHINE MADE IN GERMANY WTS.MEASURE REG.CERT.NO. IMP/MH/39/20 8 $204.96 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-28 84239020 V097623.B02 SCREW D76 S76 L450 UC WELD. ASM. C3000 WEIGHINGMACHINE PARTS FOR CAPTIVE CONSUMPTION 1 $969.33 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-28 84239020 V071119.B02 SCREW D76 S76 L600 UC WELD. ASM. C6000 WEIGHINGMACHINE PARTS FOR CAPTIVE CONSUMPTION 3 $3,716.7 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-28 84239020 30214791- HIGH PRECISION WEIGHING PLATFORM PBK989-15KGS SR.NO. C415915211 MADE IN GERMANY PART OF ELECTRONIC WEIGHING 1 $3,372.14 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-28 84239020 30214791- HIGH PRECISION WEIGHING PLATFORM PBK989-300KGS SR.NO. C415915212 MADE IN GERMANY PART OF ELECTRONIC WEIGHIN 1 $5,743.3 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-28 84239020 V097613.B02 HELIX D57 S57 L450 UC WELD. ASM. C3000 WEIGHINGMACHINE PARTS FOR CAPTIVE CONSUMPTION 1 $676.1 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-28 84239020 V071122.B02 SCREW D76 S76 L600 UC WELD. ASM. C6000 WEIGHINGMACHINE PARTS FOR CAPTIVE CONSUMPTION 2 $3,636.67 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
2024-04-28 84239020 V097611.B02 HELIX D44 S44 L450 UC WELD. ASM. C3000 WEIGHINGMACHINE PARTS FOR CAPTIVE CONSUMPTION 1 $594.87 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-28 84239020 30214791- HIGH PRECISION WEIGHING PLATFORM PBK989-3KGS SR.NO. C415915214 MADE IN GERMANY PART OF ELECTRONIC WEIGHING 1 $3,425.57 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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2024-04-27 84239020 MOTOR END SPARE PARTS / ACCESSORIES / COMPONENT / ASSEMBLY FOR 100 DIA - KFC-PRT 300 $3,958.21 | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | Semantic Sample | |
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Hsn Code 8423 is exported globally to over 216 countries. Within Our Volza database, we have detailed information on over 154,518 active global Hsn Code 8423 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 8423 from World such as METTLER TOLEDO INDIA PVT LTD, PT TROPICAL ELECTRONICS, and ISHIDA INDIA PVT LTD. For an expanded view, we invite you to refer to our table presenting the Top 10 Hsn Code 8423 Buyer Countries worldwide.
Rank | Buyer Countries | Count |
---|---|---|
1 | 57,934 | |
2 | 7,967 | |
3 | 3,985 | |
4 | 3,670 | |
5 | 3,616 | |
6 | 3,385 | |
7 | 3,288 | |
8 | 3,056 | |
9 | 2,929 | |
10 | 2,852 |
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Hsn Code 8423 is exported to over 216 countries worldwide, with India, United States, and Peru being the principal importers. Collectively, these three countries consume 32% of all Hsn Code 8423 exports globally. India stands at the forefront, importing 126,029 shipments which translates to a market share of 14%. It is closely followed by United States with 104,782 shipments, giving it an 11% market share, and Peru with 67,286 shipments, equating to a 7% market share. Additional key markets for Hsn Code 8423 exports from World encompass Vietnam, Russia, Mexico, Indonesia, Chile, and Ecuador. For a comprehensive understanding, refer to the table that illustrates the Top 10 Global Markets for Hsn Code 8423.
Rank | Importing Countries | Count |
---|---|---|
1 | 126,029 | |
2 | 104,782 | |
3 | 67,286 | |
4 | 64,095 | |
5 | 45,879 | |
6 | 42,694 | |
7 | 40,610 | |
8 | 32,795 | |
9 | 27,129 | |
10 | 25,828 |
Over 224 countries contribute to the global export of Hsn Code 8423, China is the largest exporter of Hsn Code 8423, it's contribution of 406,035 export shipments attests to its significant market share of 46%. Following China,India emerges as a key player with 97,141 shipments, securing an 11% market share. Germany also makes a mark with its 43,252 shipments, translating to a 5% market share. To dive deeper into Hsn Code 8423 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 | 406,035 | |
2 | 97,141 | |
3 | 43,252 | |
4 | 40,435 | |
5 | 40,219 | |
6 | 23,119 | |
7 | 20,765 | |
8 | 20,504 | |
9 | 15,266 | |
10 | 11,929 |
Hsn Code 8423 is supplied globally by over 224 countries. Within our Volza database, we have detailed information on more than 128,422 active Hsn Code 8423 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 8423 suppliers such as METTLER TOLEDO MEASUREMENT INSTRUMENT, DIGI SINGAPORE PTE LTD, and NINGBO KELI INTERNATIONAL TRADING CO LTD& nbsp; are included in this comprehensive database.For a broader understanding, please refer to our table detailing the Top 10 Hsn Code 8423 Supplier Countries, along with the additional resources linked below.
Rank | Country | Count |
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1 | 33,977 | |
2 | 12,105 | |
3 | 8,663 | |
4 | 8,661 | |
5 | 6,085 | |
6 | 5,095 | |
7 | 4,581 | |
8 | 4,189 | |
9 | 3,381 | |
10 | 2,597 |
A comprehensive price analysis of Hsn Code 8423 exports can reveal the most profitable buyers, markets, and cost-effective suppliers. The per-shipment Hsn Code 8423 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 8423, Unit of Quality, and Country of Origin to the Hsn Code 8423 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 8423, 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 8423. The following provides more insights on why and how to choose a Hsn Code 8423-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 | 81 | |
2 | 523 | |
3 | 207 | |
4 | 324 | |
5 | 655 | |
6 | 1,217 | |
7 | 247 | |
8 | 3,984 | |
9 | 5,166 | |
10 | Electronic Postal Scale | 16 |
Optimize your supply chain and logistics by exporting Hsn Code 8423 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 8423 Export Import business.
Rank | Country | Count |
---|---|---|
1 | Jnpt | 19,002 |
2 | Shanghai | 15,363 |
3 | Pusan Seaport | 14,831 |
4 | Singapore Container Terminal | 10,757 |
5 | Ningbo | 9,325 |
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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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Hsn Code 8423 industry comprises 128,422 manufacturers and exporters, as well as 154,518 importers. The total number of export shipments made is 924,782, while the number of import shipments of Hsn Code 8423 accounted for 924,782. Over the last 12 months (Mar 2023 to Feb 2024), the growth rate of Hsn Code 8423 exports from world stood at 12%, while the growth rate of Hsn Code 8423 imports during the same period was 12%.
Starting a Hsn Code 8423 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 8423 products and establish contacts with potential international clients.
Starting a Hsn Code 8423 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 8423. Depending on the type of goods, you may need additional licenses or certificates.
Determining the profitability of the Hsn Code 8423 export business can be achieved by following these steps:
1. Conduct a Profitability Analysis: Start by comparing the local market cost of Hsn Code 8423 to its export price. You can find export price data of Hsn Code 8423 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 8423 can be a valuable resource for this information.
Ultimately, like in any business, the profitability of the Hsn Code 8423 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 8423 export business involves understanding the global demand for Hsn Code 8423, identifying potential customers, and offering quality products at competitive prices. All this information can be found in the Hsn Code 8423 export data on Volza. Using this data, you can develop an effective, data-driven strategy to expand your Hsn Code 8423 export business . In addition, it's important to keep up with the latest technological advances in Hsn Code 8423 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 8423 exported by world are Industrial Bench Scale, Industrial Floor Scale, Pocket Balance Scale, Bluetooth Smart Scale, Digital Level Indicator, and Digital Platform Scale.
According to Volza's export data from Mar 2023 to Feb 2024, world exported Hsn Code 8423 to 190 different countries. The top three importers were India, Vietnam, and Russia collectively accounting for 29% of the world's total Hsn Code 8423 exports. India was the largest importer, receiving 21% or 18,620 shipments. Vietnam followed with 16% or 14,226 shipments, and Russia with 13% or 11,522 shipments.
According to Volza's Global Trade data, from Mar 2023 to Feb 2024, China, India, and United States collectively contributed to 65% of the total global Hsn Code 8423 exports. Among these, China emerged as the largest exporter, accounting for 57% or 74,703 shipments, followed by India with 10% or 13,603 shipments, and United States with 9% or 11,630 shipments.
According to Volza's Global Trade data, During Mar 2023 to Feb 2024, India, Vietnam, and Russia accounted for 29% of the world's total Hsn Code 8423 imports. India is the leading importer, comprising 21% of the total with 18,620 shipments. This is followed by Vietnam with a 16% share, equivalent to 14,226 shipments, and Russia at 13%, equating to 11,522 shipments.
To locate authentic and active buyers for Hsn Code 8423 products , a reliable method is to refer to the export data of Hsn Code 8423 shipments. This data offers complete details, including buyer names, supplier names, and product descriptions. Here is the link to Hsn Code 8423 Buyers buying across world.
You can find New markets for Hsn Code 8423 exports from Volza Country wise market report of last 10 years with growth rate, buyer, supplier, price and volume.
To import Hsn Code 8423 , it's advisable to first analyze the export data of Hsn Code 8423 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 8423 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 8423.
HSN Code for Hsn Code 8423 Tube Export
HSN- 8423 : 76,105
HSN- 84239020 : 2,176
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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: