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According to Volza's Global Export data, World exported 78,326 shipments of Busbar from Mar 2023 to Feb 2024 (TTM). These exports were made by 5,686 Exporters to 6,791 Buyers, marking a growth rate of 51% compared to the preceding twelve months.
Within this period, in Feb 2024 alone, 6,084 Busbar export shipments were made Worldwide. This marks a year-on-year growth of 15% compared to Feb 2023, and a -16% sequential growth from Jan 2024.
Most of the Busbar exports from the World go to the India, Vietnam, and United States.
Globally, the top three exporters of Busbar are India, China, and Vietnam. India leads the world in Busbar exports with 87,123 shipments, followed by China with 59,295 shipments, and Vietnam taking the third spot with 31,734 shipments.
These facts are updated till July 16, 2024, and are based on Volza's Global Export data of Busbar, Paid subscribers can gain full access to the most recent Volza export import data.
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Busbar is exported globally to over 169 countries. Within Our Volza database, we have detailed information on over 17,624 active global Busbar buyers. To help you identify the most suitable partners in this extensive pool, Volza's advanced matching feature scrutinizes billions of shipping invoices, factoring in over 20 parameters to ensure a perfect alignment with your business objectives. This database includes prominent buyers buying Busbar from World such as SCHNEIDER ELECTRIC INDIA PVT LIMITED, IIGM PRIVATE LIMITED, and CONG TY TNHH TM SX NONG SAN THUC PHAM QUOC TE QUAN. For an expanded view, we invite you to refer to our table presenting the Top 10 Busbar Buyer Countries worldwide.
Rank | Buyer Countries | Count |
|---|---|---|
1 | 1,874 | |
2 | 1,464 | |
3 | 1,377 | |
4 | 1,007 | |
5 | 998 | |
6 | 593 | |
7 | 553 | |
8 | 499 | |
9 | 417 | |
10 | 401 |
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Busbar is exported to over 169 countries worldwide, with India, Vietnam, and United States being the principal importers. Collectively, these three countries consume 59% of all Busbar exports globally. India stands at the forefront, importing 103,532 shipments which translates to a market share of 33%. It is closely followed by Vietnam with 58,412 shipments, giving it an 19% market share, and United States with 19,967 shipments, equating to a 6% market share. Additional key markets for Busbar exports from World encompass United Arab Emirates, United Kingdom, Russia, Indonesia, Germany, and Philippines. For a comprehensive understanding, refer to the table that illustrates the Top 10 Global Markets for Busbar.
Rank | Importing Countries | Count |
|---|---|---|
1 | 103,532 | |
2 | 58,412 | |
3 | 19,967 | |
4 | 10,783 | |
5 | 9,019 | |
6 | 6,690 | |
7 | 6,650 | |
8 | 6,116 | |
9 | 6,060 | |
10 | 5,671 |
Over 106 countries contribute to the global export of Busbar, India is the largest exporter of Busbar, it's contribution of 87,123 export shipments attests to its significant market share of 28%. Following India,China emerges as a key player with 59,295 shipments, securing an 19% market share. Vietnam also makes a mark with its 31,734 shipments, translating to a 10% market share. To dive deeper into Busbar exports from these countries, simply click on the links provided below. Each link directly relates to the shipment count from the respective country.
Busbar is supplied globally by over 106 countries. Within our Volza database, we have detailed information on more than 14,554 active Busbar suppliers worldwide. To assist you in finding the ideal business partners, you can utilize Volza's advanced feature that examines billions of shipping invoices through over 20 parameters. Noteworthy World Busbar suppliers such as MSS INDIA PVT LTD, SCHNEIDER ELECTRIC INDUSTRIES M SDN BHD, and POWERCAM ELECTRICALS PVT LTD& nbsp; are included in this comprehensive database.For a broader understanding, please refer to our table detailing the Top 10 Busbar Supplier Countries, along with the additional resources linked below.
Rank | Country | Count |
|---|---|---|
1 | 3,793 | |
2 | 2,017 | |
3 | 1,103 | |
4 | 1,047 | |
5 | 936 | |
6 | 427 | |
7 | 422 | |
8 | 399 | |
9 | 286 | |
10 | 220 |
A comprehensive price analysis of Busbar exports can reveal the most profitable buyers, markets, and cost-effective suppliers. The per-shipment Busbar price can be observed in the above export data, supplemented with a rough analysis. For a more precise analysis, application of filters like Quality of Busbar, Unit of Quality, and Country of Origin to the Busbar export data is required, accessible through a paid subscription. Deep price analysis provides crucial insights for your business, as outlined below.
Looking to diversify into new, fast-growing, high-profit-margin products related to Busbar, without additional investment or expertise? Volza’s hot product analysis can help you discover these in just a few seconds. Please note that hot product analysis is not available in the free version. Here, you can individually explore products related to Busbar. The following provides more insights on why and how to choose a Busbar-related product offering higher growth and profitability without additional investments. We also recommend watching this ISB webinar on choosing the ideal high-growth product.
Rank | Related Products | Count |
|---|---|---|
1 | 32,425 | |
2 | 16,741 | |
3 | 305 | |
4 | 1,273 | |
5 | 8,377 | |
6 | 2,214 | |
7 | 2,048 | |
8 | 3,345 | |
9 | 13,372 | |
10 | 10,383 |
Optimize your supply chain and logistics by exporting Busbar from the most popular ports. Certain ports are more suited for specific products due to their efficiency in logistics planning, execution, and supply chain management. Whether you're an importer or exporter, considering this information can greatly enhance the overall efficiency of your Busbar Export Import business.
Rank | Country | Count |
|---|---|---|
1 | Jnpt | 31,393 |
2 | Delhi Tkd Icd | 15,368 |
3 | Bombay Air | 9,879 |
4 | Bangalore Air | 6,166 |
5 | Shanghai | 5,774 |
6 | Frankfurt | 4,657 |
7 | Bangalore Icd | 4,086 |
8 | China Ports | 3,829 |
9 | Pune Dighi Icd | 3,241 |
10 | Le Havre | 2,919 |
Dive into a world market with a click! Access over 2 billion records to pinpoint buyers across 200 countries
Employee advanced filters to discover buyers that fit your business like a glove. Filter by shipment details, country, volume, and
Cut through the noise and connect directly with the people who matter. By reaching out to top decision-makers,
Use Volza’s price filters to target buyers who meet your ideal price point, ensuring every sale aligns with your profitability
Negotiate firmly with your Buyers, Find what prices they are buying with Volza data
Set up alerts to stay informed about critical changes in buyer behavior like financial health, transaction consistency
 Detailed Data44+ Countries Detailed data with both buyer and supplier names and more than 95% coverage. |  One Side Data9+ Countries One side with either buyer or supplier names and more than 95% coverage. |  Detailed Mirror Data91+ Countries Minor data with both buyer or supplier names and between 30 to 40% coverage. |  Statistical Data46+ Countries Statistical data with only one HSN Code value and 100% coverage. |  Exclusive Data8+ Countries Exclusive data is only available with Volza. |
"Thanks to Volza, my profits have gone up by 40%, I now focus on importing products with high margins and high volumes. Best part is Reports just take 5 minutes every month to consume."
"Due to Volza reports, We were able to reduce our import duty by 30%.This had a huge direct impact on our profit margins."
"Volza helped me discover a new product with 50% margin, huge volumes and 40% growth rate. I have a winner now and expanding rapidly."
To know more about Volza, you may want explore the links below
Busbar industry comprises 14,554 manufacturers and exporters, as well as 17,624 importers. The total number of export shipments made is 312,304, while the number of import shipments of Busbar accounted for 312,304. Over the last 12 months (Mar 2023 to Feb 2024), the growth rate of Busbar exports from world stood at 51%, while the growth rate of Busbar imports during the same period was 51%.
Starting a Busbar export business in world requires careful planning and understanding of export procedures. First, establish a firm or company and register it under the Companies Act, 2013. Then, obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). Once you secure the IEC, find reliable manufacturers or suppliers of Busbar products and establish contacts with potential international clients.
Starting a Busbar export business in world requires adherence to many rules and regulations. The most crucial step is obtaining an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). Businesses must also comply with the Government of world's Foreign Trade Policy (FTP), which governs product exports. As these rules can be complex, it's essential to consult a professional who understands the specific regulations for Busbar. Depending on the type of goods, you may need additional licenses or certificates.
Determining the profitability of the Busbar export business can be achieved by following these steps:
1. Conduct a Profitability Analysis: Start by comparing the local market cost of Busbar to its export price. You can find export price data of Busbar from Volza, which can provide an immediate sense of the potential profits.
2. Identify Profitable Buyers and Markets: Increasing profits often involves targeting profitable buyers and markets. Fast-growing markets can be particularly lucrative. Volza's export data of Busbar can be a valuable resource for this information.
Ultimately, like in any business, the profitability of the Busbar export business depends on a variety of factors such as product quality, competitive pricing, and ensuring a smooth supply chain is crucial to meet international demand on time and maintain the business's profitability. It's important to pay attention to these aspects to ensure a successful and profitable business.
Creating a growth strategy for a Busbar export business involves understanding the global demand for Busbar, identifying potential customers, and offering quality products at competitive prices. All this information can be found in the Busbar export data on Volza. Using this data, you can develop an effective, data-driven strategy to expand your Busbar export business . In addition, it's important to keep up with the latest technological advances in Busbar manufacturing and changes in export regulations. Implementing digital marketing strategies, establishing a professional online presence, networking at industry events, and building long-term relationships with clients can also contribute significantly to business growth.
Major products related to Busbar exported by world are Insulated Busbar, Busbar Connector, Busbar Tape, Grounding Busbar, Aluminum Busbar, and Laminated Busbar.
According to Volza's export data from Mar 2023 to Feb 2024, world exported Busbar to 141 different countries. The top three importers were Vietnam, India, and United States collectively accounting for 58% of the world's total Busbar exports. Vietnam was the largest importer, receiving 38% or 22,979 shipments. India followed with 29% or 17,425 shipments, and United States with 8% or 4,904 shipments.
According to Volza's Global Trade data, from Mar 2023 to Feb 2024, India, China, and Vietnam collectively contributed to 65% of the total global Busbar exports. Among these, India emerged as the largest exporter, accounting for 27% or 19,612 shipments, followed by China with 24% or 17,625 shipments, and Vietnam with 19% or 13,942 shipments.
According to Volza's Global Trade data, During Mar 2023 to Feb 2024, Vietnam, India, and United States accounted for 58% of the world's total Busbar imports. Vietnam is the leading importer, comprising 38% of the total with 22,979 shipments. This is followed by India with a 29% share, equivalent to 17,425 shipments, and United States at 8%, equating to 4,904 shipments.
To locate authentic and active buyers for Busbar products , a reliable method is to refer to the export data of Busbar shipments. This data offers complete details, including buyer names, supplier names, and product descriptions. Here is the link to Busbar Buyers buying across world.
You can find New markets for Busbar exports from Volza Country wise market report of last 10 years with growth rate, buyer, supplier, price and volume.
To import Busbar , it's advisable to first analyze the export data of Busbar from world available on Volza. This analysis can help you understand competitive pricing, optimal quality of the products, and identify reliable and cost-effective vendors. Volza's data also offers contact details of key decision-makers at manufacturing firms. Once you've shortlisted potential manufacturers or exporters based on your research, you can establish a connection with them. After negotiating trade terms, issue a purchase order. The exporter will ship the goods upon receipt of payment or as per agreed terms. As an importer, you must adhere to the customs regulations of your home country, which may include payment of necessary duties or taxes.
Using the correct HSN Code for Busbar is a crucial regulatory requirement. It also determines the rate of duty and the export benefits. You can find the most commonly used HSN code from the link below and study other HSN codes related to the export of Busbar.
HSN Code for Busbar Tube Export
HSN- 8538 : 85,972
HSN- 85381010 : 7,588
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The content on this page is generated based on the extensive Global Trade data and World Export data housed in Volza's databases. Further details are outlined below:
