HS Icon Inorganic Salts

Hydrazine and hydroxylamine and their inorganic salts; other inorganic bases; other metal oxides, hydroxides and peroxides

2825 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Inorganic Salts. In 2021, Inorganic Salts were the world's 491st most traded product, with a total trade of $5.96B. Between 2020 and 2021 the exports of Inorganic Salts grew by 45.9%, from $4.08B to $5.96B. Trade in Inorganic Salts represent 0.028% of total world trade.

Inorganic Salts are a part of Inorganic chemicals. They include Metal bases, oxides, hydroxides, peroxides, nes, Antimony oxides, Molybdenum oxides and hydroxides, Vanadium oxides and hydroxides, Copper oxides and hydroxides, Germanium oxides and zirconium dioxide, Lithium oxide and hydroxide, Hydrazine and hydroxylamine, inorganic salts, and Nickel oxides and hydroxides.

Exports In 2021 the top exporters of Inorganic Salts  were China ($1.86B), United States ($571M), Chile ($412M), Netherlands ($332M), and Germany ($271M).

Imports In 2021 the top importers of Inorganic Salts were South Korea ($1.06B), Japan ($718M), United States ($601M), Netherlands ($366M), and China ($302M).

Tariffs In 2018 the average tariff for Inorganic Salts was 3.65%, making it the 1075th lowest tariff using the HS4 product classification.

Ranking Inorganic Salts ranks 656th in the Product Complexity Index (PCI).

Description Hydrazine and hydroxylamine are used as rocket fuel. Inorganic bases are used in the production of glass, as a corrosion inhibitor, and in the production of ammonia. Metal oxides are used in the production of iron and steel, in the production of silicon, and in the production of cement. Hydroxides are used in the production of soaps and detergents, and in the production of aluminum. Peroxides are used in the production of plastics.

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The following visualization shows the latest trends on Inorganic Salts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $1.86B

Top Destination (2021): South Korea, $1.06B

Inorganic Salts are the world's 491st most traded product.

In 2021, the top exporters of Inorganic Salts were China ($1.86B), United States ($571M), Chile ($412M), Netherlands ($332M), and Germany ($271M).

In 2021, the top importers of Inorganic Salts were South Korea ($1.06B), Japan ($718M), United States ($601M), Netherlands ($366M), and China ($302M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $661M

Top Destination Growth (2020 -  2021): South Korea, $433M

Between 2020 and 2021, the exports of Inorganic Salts grew the fastest in China ($661M), Chile ($180M), Netherlands ($130M), United States ($113M), and South Korea ($106M).

Between 2020 and 2021, the fastest growing importers of Inorganic Salts were South Korea ($433M), United States ($230M), Austria ($146M), Netherlands ($139M), and Japan ($122M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Inorganic Salts.

In 2021, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Inorganic Salts are explained by 15 countries.

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TOP NET EXPORTER (2021): China, $1.56B

TOP NET IMPORTER (2021): South Korea, $874M

This map shows which countries export or import more of Inorganic Salts. Each country is colored based on the difference in exports and imports of Inorganic Salts during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Inorganic Salts were China ($1.56B), Chile ($396M), Brazil ($174M), Vietnam ($166M), and Russia ($159M).

In 2021, the countries that had a largest trade value in imports than in exports of Inorganic Salts were South Korea ($874M), Japan ($465M), Austria ($233M), India ($222M), and Czechia ($178M).

Disaggregation

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Value

In 2021, the world most traded Inorganic Salts, disaggragated by their HS6 level were Metal bases, oxides, hydroxides, peroxides, nes ($1.26B), Lithium oxide and hydroxide ($1.2B), Antimony oxides ($736M), Molybdenum oxides and hydroxides ($646M), and Copper oxides and hydroxides ($625M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Inorganic Salts.
It is possible to select the main countries that export or import Inorganic Salts in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Inorganic Salts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.