Importing Freight from India
One of the BRICS, an association of five major emerging national economies, the country is expecting a threefold increase in freight movement in this decade. The transport infrastructure, especially the road network is severely strained. Unlike China, there hasn’t been the same commitment from the government or private sector to invest as in China. A booming e-commerce sector is driving some solutions, primarily in innovative delivery solutions.
The world’s 7th largest economy, it also boasts the world’s 29th busiest container port (Mumbai) and 29th busiest cargo traffic airport (Delhi).
For more information on importing from India refer to a real time, international freight index for prices and trends from the world’s largest freight rate database.
Top Indian Export Commodities
|Refined Petroleum||$53.9 billion|
|Packaged Medicaments||$12.1 billion|
Indian Import Trends
Ocean Exports from India to the US
Ocean Exports from India to China
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List of Import/Export Ports in India
|Port||UN Port Code|
|Port of Chennai||IN MAA|
|Port of Cochin||IN COK|
|Port of Haldia||IN HAL|
|Port of Nhava Sheva||IN NSA|
|Port of Kolkata||IN CCU|
|Port of Mumbai||IN BOM|
|Port of Mundra||IN MUN|
|Port of Pipavav||IN PAV|
|Port of Visakhapatnam||IN VZM|
Import Taxes From India
- The import and export of Indian goods is ruled by the Foreign Trade Development & Regulation Act of 1992
- All importers are officially required to register with the DGFT to acquire an Importer Exporter Code Number (IEC) which is then issued against their Permanent Account Number.
- There are 98 classifications for India customs duty, and the list can be found here.
For assistance with freight shipping calculations, see our tool here