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Export HS Code 2918 (Carboxylicacidswithadditionaloxygen Function And Their Anhyd...) to Bangladesh

HS Code Details

Code2918
DescriptionCarboxylicacidswithadditionaloxygen Function And Their Anhydrides, Halides, Peroxides And Peroxyacids; Theirhalogenated, Sulphonated,nitrated Or Nitrosated Derivatives - Carboxylic Acids With Alcohol Function, But Without Other Oxygen Function, Their Anhy
Chapter29
SectionVI β€” Chemical 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 2918

India exported $23.72M worth of carboxylicacidswithadditionaloxygen function and their anhydrides, halides, peroxides and peroxyacids; theirhalogenated, sulphonated,nitrated or nitrosated derivatives - carboxylic acids with alcohol function, but without other oxygen function, their anhy (HS 2918) to Bangladesh in 2024. This represents a 2.6% decrease from 2023.

Export Trend (USD)

2023
$24.36M
2024
$23.72M

Exporting Carboxylicacidswithadditionaloxygen Function And Their Anhyd... 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 carboxylicacidswithadditionaloxygen function and their anhydrides, halides, peroxides and peroxyacids; theirhalogenated, sulphonated,nitrated or nitrosated derivatives - carboxylic acids with alcohol function, but without other oxygen function, their anhy (HS Code 2918) 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 2918, 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.

Material Safety Data Sheet (MSDS)

Required for chemical shipments detailing handling, storage, and emergency measures.

Related HS Codes in Chapter 29

Other Export Destinations for Carboxylicacidswithadditionaloxygen Function And Their Anhyd...

Export Carboxylicacidswithadditionaloxygen Function And Their Anhyd... to Bangladesh with XIMPEX

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