Export HS Code 40012940 (Other: Oil extended natural rubber) to United States
HS Code Details
🇺🇸 United States
India–United States Trade Data for HS 4001
India exported $144.8K worth of other: oil extended natural rubber (HS 4001) to United States in 2024. This represents a 32.2% decrease from 2023.
India also imported $170.4K of this product category from United States in 2024.
Export Trend (USD)
Exporting Other: Oil extended natural rubber to United States
Exporting other: oil extended natural rubber (HS Code 40012940) from India to United States requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and United States's import requirements.
Key considerations include proper classification under HS 40012940, accurate valuation, and meeting any product-specific standards or certifications required by United States. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.
Shipping from India to United States takes approximately 25–35 days by sea. Common routes go via the Suez Canal or around the Cape of Good Hope.
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 40
Other Export Destinations for Other: Oil extended natural rubber
Export Other: Oil extended natural rubber to United States with XIMPEX
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