HS 850490 Buyers of Transformer parts

Electrical transformers, static converters and inductors; parts thereof. World imports reached $15.19B in 2023.

Top buyers · Open tenders (26)

Top importing countries

World imports $15.19B (2023, 167 reporting countries, UN Comtrade).

#CountryImportsShare
1USA$2.41B15.9%
2Germany$1.46B9.6%
3China, Hong Kong SAR$1.32B8.7%
4China$942.9M6.2%
5India$630.5M4.1%
6Mexico$581.8M3.8%
7United Kingdom$444.4M2.9%
8Italy$381.1M2.5%
9Singapore$371.2M2.4%
10Poland$362.2M2.4%

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)

10–15%

Applied MFN rate, 2 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 (2)
85049010Of transformers0.7%
85049090Other0.7%

Related HS codes