HS 850440 Buyers of Electric transformers: Electrical static converters

Electrical static converters. World imports reached $101.21B in 2023.

Top buyers · Open tenders (26)

Top importing countries

World imports $101.21B (2023, 167 reporting countries, UN Comtrade).

#CountryImportsShare
1USA$17.95B17.7%
2Germany$10.19B10.1%
3China$7.49B7.4%
4Netherlands$5.45B5.4%
5Mexico$3.73B3.7%
6China, Hong Kong SAR$3.42B3.4%
7Italy$3.04B3.0%
8France$3.02B3.0%
9Japan$2.99B3.0%
10United Kingdom$2.63B2.6%

Open government tenders

EU, UK and World Bank notices · updated 16 Oct 2026 · check full notice before bidding

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Exporting from India? Duty & RoDTEP rates

Basic customs duty (MFN)

20%

Applied MFN rate, 6 tariff line(s), WITS 2023. Excludes AIDC & SWS.

RoDTEP (export incentive)

0.7%

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)
85044010Electric inverter0.7%
85044021Dip bridge rectifier0.7%
85044029Other0.7%
85044040Voltage Regulator and Stabilizers0.7%
85044090Other0.7%

Related HS codes