Export HS Code 69021040 (Containing by weight, singly or together, more than 50% of t...) to Bangladesh
HS Code Details
🇧🇩 Bangladesh
India–Bangladesh Trade Data for HS 6902
India exported $4.00M worth of containing by weight, singly or together, more than 50% of the elements mg, ca or cr, expressed as mgo, cao or cr2o3: magnesite carbon bricks and shapes (HS 6902) to Bangladesh in 2024.
India also imported $418.3K of this product category from Bangladesh in 2024.
Export Trend (USD)
Exporting Containing by weight, singly or together, more than 50% of t... 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 containing by weight, singly or together, more than 50% of the elements mg, ca or cr, expressed as mgo, cao or cr2o3: magnesite carbon bricks and shapes (HS Code 69021040) 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 69021040, 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 69
Other Export Destinations for Containing by weight, singly or together, more than 50% of t...
Export Containing by weight, singly or together, more than 50% of t... to Bangladesh with XIMPEX
From documentation to logistics and compliance — XIMPEX provides end-to-end export support for your Bangladesh trade.