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Export HS Code 27012090 (Briquettes, ovoids and similar solid fuels manufactured from...) to Bangladesh

HS Code Details

Code27012090
DescriptionBriquettes, ovoids and similar solid fuels manufactured from coal: Other
Chapter27
SectionV β€” Mineral Products
Duty RatePreferential rate may apply

πŸ‡§πŸ‡© Bangladesh

CapitalDhaka
CurrencyTaka
RegionSouthern Asia
India Export Rank#9
Trade AgreementSAFTA, APTA

India–Bangladesh Trade Data for HS 2701

India exported $32.62M worth of briquettes, ovoids and similar solid fuels manufactured from coal: other (HS 2701) to Bangladesh in 2024. This represents a 45.6% decrease from 2023.

Export Trend (USD)

2023
$59.99M
2024
$32.62M

Exporting Briquettes, ovoids and similar solid fuels manufactured from... to Bangladesh

Trade Agreement Benefit: India and Bangladesh have a SAFTA, APTA which may offer preferential duty rates for this product category. Apply for a Certificate of Origin to claim reduced tariffs.

Exporting briquettes, ovoids and similar solid fuels manufactured from coal: other (HS Code 27012090) from India to Bangladesh requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and Bangladesh's import requirements.

Key considerations include proper classification under HS 27012090, accurate valuation, and meeting any product-specific standards or certifications required by Bangladesh. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.

Shipping from India to Bangladesh typically takes 5–15 days by sea, depending on the port of origin and destination. Major Indian ports serving this route include JNPT (Mumbai), Mundra, and Chennai.

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

Related HS Codes in Chapter 27

Other Export Destinations for Briquettes, ovoids and similar solid fuels manufactured from...

Export Briquettes, ovoids and similar solid fuels manufactured from... to Bangladesh with XIMPEX

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