G.v.w. Exceeding 20 Tonnes — Export from India

Market intelligence and export data for g.v.w. exceeding 20 tonnes — powered by real trade data

46

Importing Countries (2024-2025)

$93M

India’s Export Value

16

Markets > $1M

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Product Details

Product Name

G.v.w. Exceeding 20 Tonnes

HS Code

870423

Chapter

87

Section

XVII — Vehicles & Transport

Key Manufacturing Hub

Chennai

About G.v.w. Exceeding 20 Tonnes Exports from India

India is a major exporter of g.v.w. exceeding 20 tonnes, classified under HS Code 870423 in international trade. This page provides export trends and market intelligence for Indian manufacturers and traders looking to expand into international markets. Chennai is one of the key manufacturing and export hubs for vehicles & transport products in India.

View the technical HS code classification →

Also see: Import data for g.v.w. exceeding 20 tonnes

India's Export Trend — HS 870423

$76M$180M$284MFY23$266MFY24$160MFY25$93M
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Detailed country-level import data & analysis

How to Export G.v.w. Exceeding 20 Tonnes from India

Standard export procedure for HS Code 870423

1

Obtain IEC

Register for an Import Export Code (IEC) from DGFT — mandatory for all Indian exporters.

2

Classify Your Product

Confirm the correct HS code for customs declarations, duty calculation, and trade compliance.

3

Find Buyers

Identify importers in your target market through trade platforms, B2B portals, or lead generation campaigns.

4

Prepare Documentation

Commercial invoice, packing list, bill of lading, certificate of origin, and any product-specific certificates.

5

Customs & Shipping

File the Shipping Bill with Indian Customs, arrange freight (sea/air), and obtain Let Export Order (LEO).

6

Receive Payment

Collect payment via advance remittance, letter of credit (L/C), or documentary collection through your bank.

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