T3 · Product exporter position

India exports of Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 (HS 850590)

See where India stands in magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505: export scale, destination breadth, market position, growth, and reported trade history.

Exporter INDHS6 850590Latest year 2024Growing

Latest exports

$31.2MLatest observed lane total

Destination markets

147Reported active markets

Three-year growth

+6.9%Annualized change

Destination HHI

1,287Destination concentration

Weighted share

3.5%Reported market position

Exporter evidence

How strong is India in Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505?

Reported exporter totals and calculated indicators for HS 850590. Values retain their observed coverage period.

Exporter scale

Latest exports$31.2M
Current 2024 exports$31.0M
Three-year average$28.8M
Historical peak$52.1M

Market position

Active destinations147
Destination HHI1,287
Weighted share3.5%
Share change+0.4 pp

Competitiveness

Three-year growth+6.9%
Volatility1.2
Maximum drawdown74.3%
TrendGrowing
MeasureValueWhat it describes
ExporterIndiaCountry represented by this profile
Latest observed exports$31.2MSum of latest observed destination-lane values
Current 2024 exports$31.0MCommon-year comparison where reported
Three-year growth+6.9%Annualized change in exporter totals
Five-year growth+7.9%Annualized change in exporter totals
Leading destinationDEUDestination with the largest observed export value
Leading destination share26%Share of observed exporter totals
Destination concentration1,287HHI across destination markets
Weighted share change+0.4 ppValue-weighted latest change in market share
Limited-history lanes16.4%Share of lanes with shorter history

Destination markets

Where does India sell magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Germany$8.1M2.2%+13.7%0% tariffGrowing

Destination

Germany

Latest exports
$8.1M
Market share
2.2%
Growth
+13.7%
Access
0% tariff
Signal
Growing

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

Kazakhstan: $2.5M / ton.

Lowest reported price

Lesotho: $80.0 / ton.

Median price

$19.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for India and HS 850590 where available.

YearExportsYear-on-year changeActive destinations
2010$11.3M+31.2%100
2011$13.5M+19%103
2012$13.6M+1.4%107
2013$13.2M-3.2%112
2014$14.5M+9.5%118
2015$11.9M-17.8%117
2016$12.6M+6.2%128
2017$15.7M+24.2%128
2018$17.6M+12.5%127
2019$21.2M+20.1%131
2020$17.8M-15.9%133
2021$25.4M+42.6%141
2022$25.4M-0.1%142
2023$30.0M+18.1%145
2024$31.0M+3.5%147

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 850590.

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 magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 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.