T3 · Product exporter position

India exports of Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8472 (HS 847340)

See where India stands in machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8472: export scale, destination breadth, market position, growth, and reported trade history.

Exporter INDHS6 847340Latest year 2024Declining

Latest exports

$90.4MLatest observed lane total

Destination markets

129Reported active markets

Three-year growth

-8%Annualized change

Destination HHI

1,429Destination concentration

Weighted share

14.6%Reported market position

Exporter evidence

How strong is India in Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8472?

Reported exporter totals and calculated indicators for HS 847340. Values retain their observed coverage period.

Exporter scale

Latest exports$90.4M
Current 2024 exports$89.8M
Three-year average$108.3M
Historical peak$311.6M

Market position

Active destinations129
Destination HHI1,429
Weighted share14.6%
Share change-0.1 pp

Competitiveness

Three-year growth-8%
Volatility1.1
Maximum drawdown93%
TrendDeclining
MeasureValueWhat it describes
ExporterIndiaCountry represented by this profile
Latest observed exports$90.4MSum of latest observed destination-lane values
Current 2024 exports$89.8MCommon-year comparison where reported
Three-year growth-8%Annualized change in exporter totals
Five-year growth-14.6%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share24.4%Share of observed exporter totals
Destination concentration1,429HHI across destination markets
Weighted share change-0.1 ppValue-weighted latest change in market share
Limited-history lanes14.9%Share of lanes with shorter history

Destination markets

Where does India sell machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8472?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$22.1M8.5%+22.4%0% tariffAccelerating
Hungary$18.0M24.5%-13.2%0.1% tariffAccelerating
Mexico$16.1M19%-17.5%0.1% tariffGrowing
Canada$6.2M21.2%-10.1%0.1% tariffGrowing
Netherlands$4.5M5%+23.4%0% tariffAccelerating
United Kingdom$4.0M10.4%+16.1%Not reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$22.1M
Market share
8.5%
Growth
+22.4%
Access
0% tariff
Signal
Accelerating

Destination

Hungary

Latest exports
$18.0M
Market share
24.5%
Growth
-13.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$16.1M
Market share
19%
Growth
-17.5%
Access
0.1% tariff
Signal
Growing

Destination

Canada

Latest exports
$6.2M
Market share
21.2%
Growth
-10.1%
Access
0.1% tariff
Signal
Growing

Destination

Netherlands

Latest exports
$4.5M
Market share
5%
Growth
+23.4%
Access
0% tariff
Signal
Accelerating

Destination

United Kingdom

Latest exports
$4.0M
Market share
10.4%
Growth
+16.1%
Access
Not reported
Signal
Accelerating

Price intelligence

How does India's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Ecuador: $28.7M / ton.

Lowest reported price

Guyana: $629.6 / ton.

Median price

$99.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for India and HS 847340 where available.

YearExportsYear-on-year changeActive destinations
2010$77.6M-9.2%133
2011$124.2M+60%137
2012$126.2M+1.6%136
2013$106.6M-15.5%128
2014$93.2M-12.6%124
2015$106.7M+14.6%125
2016$123.4M+15.6%128
2017$119.9M-2.9%119
2018$146.9M+22.5%134
2019$197.9M+34.7%147
2020$125.7M-36.5%146
2021$115.1M-8.4%143
2022$151.1M+31.2%140
2023$84.2M-44.3%143
2024$89.8M+6.7%129

Exporter context

India economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 847340.

India has reported exports of $434.2B and a trade balance of -$221.5B in 2024.

Available structural indicators include 24.9% trade openness, 35.7% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about India machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8472 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.