HS Icon Inorganic Salts

2825 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Inorganic Salts. In 2020, Inorganic Salts were the world's 537th most traded product, with a total trade of $4.1B. Between 2019 and 2020 the exports of Inorganic Salts decreased by -22.6%, from $5.29B to $4.1B. Trade in Inorganic Salts represent 0.024% of total world trade.

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

Exports In 2020 the top exporters of Inorganic Salts  were China ($1.2B), United States ($460M), Chile ($242M), Netherlands ($202M), and Germany ($201M).

Imports In 2020 the top importers of Inorganic Salts were South Korea ($642M), Japan ($598M), United States ($371M), China ($305M), and Netherlands ($226M).

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

The countries with the highest import tariffs for Inorganic Salts are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Inorganic Salts ranks 664th 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.

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): China, $1.2B

Top Destination (2020): South Korea, $642M

Inorganic Salts are the world's 537th most traded product.

In 2020, the top exporters of Inorganic Salts were China ($1.2B), United States ($460M), Chile ($242M), Netherlands ($202M), and Germany ($201M).

In 2020, the top importers of Inorganic Salts were South Korea ($642M), Japan ($598M), United States ($371M), China ($305M), and Netherlands ($226M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): Hong Kong, $27.8M

Top Destination Growth (2019 - 2020): China, $72.9M

Between 2019 and 2020, the exports of Inorganic Salts grew the fastest in Hong Kong ($27.8M), Estonia ($7.4M), Finland ($5.75M), Malaysia ($5.35M), and Myanmar ($4.99M).

Between 2019 and 2020, the fastest growing importers of Inorganic Salts were China ($72.9M), Finland ($5.46M), Hong Kong ($5.41M), Chile ($4.34M), and Philippines ($3.84M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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

Explore Visualizations

TOP NET EXPORTER (2020): China, $897M

TOP NET IMPORTER (2020): South Korea, $559M

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Inorganic Salts were China ($897M), Chile ($228M), Brazil ($132M), South Africa ($103M), and Russia ($94.3M).

In 2020, the countries that had a largest trade value in imports than in exports of Inorganic Salts were South Korea ($559M), Japan ($402M), India ($140M), Czechia ($104M), and Austria ($91M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Inorganic Salts, disaggragated by their HS6 level were Lithium oxide and hydroxide ($871M), Metal bases, oxides, hydroxides, peroxides, nes ($781M), Molybdenum oxides and hydroxides ($443M), Vanadium oxides and hydroxides ($424M), and Copper oxides and hydroxides ($422M)

Country Comparison

#permalink to section
Flow
Measure
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.

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Inorganic Salts was 3.65%. The countries with the highest tariffs for importing Inorganic Salts were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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

#permalink to section

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.