Static converters
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Static converters — trade of India with the countries in our coverage

HS code 850440

From April 2025 to September 2026, India exported goods under HS code 850440 (Static converters) to the countries in our coverage: 2,932 shipments by 377 companies. Main buyer countries in our coverage (share of exports): Bangladesh 41%, Philippines 21.9%, Vietnam 15.9%. Imports from the countries in our coverage: 950 shipments by 66 companies. These figures cover only trade with the 14 countries in our coverage, not all of the country's foreign trade.

Coverage data. These figures cover only trade with the 14 countries in our coverage, not all of the country's foreign trade.
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Heading 8504: Electrical transformers, static converters and inductors

Imports

950
shipments
April 2025 – September 2026

Vietnam — 98.5%

Vietnam sends the most shipments · Share

Supplier countries
  • Vietnam 98.5%
  • Bangladesh 1.3%
  • Philippines 0.1%
66
companies
imported this product in the period

Largest importers

  1. 1 Samsung India Electronics (Pvt) Ltd.
  2. 2 AVI RENEWABLE ENERGY PVT. LTD
  3. 3 VINFAST AUTO INDIA PRIVATE LIMITED
  4. 4 POWER PALAZZO PRIVATE LIMITED
  5. 5 FLEXTRONICS TECHNOLOGIES INDIA PVT LTD

Exports

2,932
shipments
April 2025 – September 2026

Bangladesh — 41%

Bangladesh receives the most shipments · Share

Buyer countries
  • Bangladesh 41%
  • Philippines 21.9%
  • Vietnam 15.9%
  • Colombia 13.3%
  • Mexico 5.2%
377
companies
exported this product in the period

Largest exporters

  1. 1 JINBU ELECTRONICS LTDA
  2. 2 HONDA TRADING CORPORATION INDIA PRIVATE LIMITED
  3. 3 VRINDA NANO TECHNOLOGIES PVT LTD
  4. 4 TANDHAN POWER TECHNOLOGIES PVT LTD
  5. 5 DANFOSS INDUSTRIES PRIVATE LIMITED

Shipments by month

February 2026
The busiest month of the period · 564 shipments
Busiest month
564 shipments
February 2026
Quietest month
0 shipments
April 2025
Average per month
163 shipments
Exports

Buyers and suppliers for this code

Lists of companies that buy and supply this product.

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This code in other countries

Vietnam 236,001 shipments
Russia 52,540 shipments
Mexico 30,516 shipments
Philippines 25,188 shipments
Uzbekistan 22,065 shipments
Pakistan 20,893 shipments
Kazakhstan 20,504 shipments
Colombia 11,786 shipments
Bangladesh 9,574 shipments
Armenia 6,256 shipments
Argentina 4,154 shipments
Panama 3,456 shipments
Chile 2,331 shipments
Mongolia 282 shipments
China 130,080 shipments
Hong Kong 45,886 shipments
Singapore 44,080 shipments
South Korea 37,834 shipments
Taiwan 20,452 shipments
United States 15,172 shipments

Neighbouring codes

Other codes in heading 8504

Transformers up to 1 kVA 850431
Transformers, 16 to 500 kVA 850433
Other inductors 850450
Parts of transformers and converters 850490

Questions and answers

From April 2025 to September 2026, India exported goods under HS code 850440 (Static converters) to the countries in our coverage: 2,932 shipments by 377 companies. Imports from the countries in our coverage: 950 shipments by 66 companies.

Main buyer countries in our coverage (share of exports): Bangladesh 41%, Philippines 21.9%, Vietnam 15.9%, Colombia 13.3%, Mexico 5.2%.

Exporters trading with the countries in our coverage: 377. The largest include JINBU ELECTRONICS LTDA, HONDA TRADING CORPORATION INDIA PRIVATE LIMITED, VRINDA NANO TECHNOLOGIES PVT LTD.

No. These figures cover only trade with the 14 countries in our coverage, not all of the country's foreign trade.
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