Export Electrical Transformers, Static Converters (for Example, Rectifiers) and Inductors to Iceland

Market guide for Indian exporters

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland โ€” Country Profile

Capital

Reykjavik

GDP (USD)

$27.00

Population

380K

Currency

Icelandic Krona

Trade Agreement

No preferential agreement

Trade Snapshot

India exported $10K of electrical transformers, static converters (for example, rectifiers) and inductors to Iceland in FY 2024-2025.

Based on HS Code 8504 trade data

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How to Export to Iceland

Exporting electrical transformers, static converters (for example, rectifiers) and inductors (HS Code 8504) from India to Iceland requires careful attention to documentation, packaging standards, and customs regulations.

Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Iceland's import requirements.

Full export guide for Iceland โ†’ ยท Import data from Iceland โ†’

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.

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