HS Icon Other Nitrogen Compounds

Nitrogen-function compounds, n.e.c. in chapter 29

2929 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Nitrogen Compounds. In 2021, Other Nitrogen Compounds were the world's 453rd most traded product, with a total trade of $6.93B. Between 2020 and 2021 the exports of Other Nitrogen Compounds grew by 40.4%, from $4.93B to $6.93B. Trade in Other Nitrogen Compounds represent 0.033% of total world trade.

Other Nitrogen Compounds are a part of Organic chemicals. They include Isocyanates and Compounds with other nitrogen function, nes.

Exports In 2021 the top exporters of Other Nitrogen Compounds  were China ($1.59B), Germany ($963M), South Korea ($845M), Hungary ($810M), and Japan ($601M).

Imports In 2021 the top importers of Other Nitrogen Compounds were China ($438M), Italy ($420M), United States ($417M), Germany ($375M), and Belgium ($337M).

Tariffs In 2018 the average tariff for Other Nitrogen Compounds was 4.01%, making it the 1010th lowest tariff using the HS4 product classification.

Ranking Other Nitrogen Compounds ranks 171st in the Product Complexity Index (PCI).

Description Nitrogen-function compounds are used in a wide variety of applications. Nitrous oxide is used as an anesthetic, and nitrogen is used in the production of ammonia. Ammonia is used in the production of nitric acid, which is used in the production of fertilizers. Nitric acid is also used in the production of explosives.

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other Nitrogen Compounds. 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, $1.59B

Top Destination (2021): China, $438M

Other Nitrogen Compounds are the world's 453rd most traded product.

In 2021, the top exporters of Other Nitrogen Compounds were China ($1.59B), Germany ($963M), South Korea ($845M), Hungary ($810M), and Japan ($601M).

In 2021, the top importers of Other Nitrogen Compounds were China ($438M), Italy ($420M), United States ($417M), Germany ($375M), and Belgium ($337M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $662M

Top Destination Growth (2020 -  2021): United States, $204M

Between 2020 and 2021, the exports of Other Nitrogen Compounds grew the fastest in China ($662M), South Korea ($317M), Hungary ($288M), Belgium ($173M), and Germany ($159M).

Between 2020 and 2021, the fastest growing importers of Other Nitrogen Compounds were United States ($204M), Italy ($155M), Turkey ($125M), Belgium ($107M), and Germany ($97.7M).

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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 Other Nitrogen Compounds.

In 2021, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Other Nitrogen Compounds are explained by 11 countries.

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TOP NET EXPORTER (2021): China, $1.16B

TOP NET IMPORTER (2021): Italy, $389M

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

In 2021, the countries that had a largest trade value in exports than in imports of Other Nitrogen Compounds were China ($1.16B), Hungary ($786M), South Korea ($714M), Germany ($588M), and Japan ($448M).

In 2021, the countries that had a largest trade value in imports than in exports of Other Nitrogen Compounds were Italy ($389M), Turkey ($303M), Brazil ($288M), Vietnam ($238M), and India ($237M).

Disaggregation

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Value

In 2021, the world most traded Other Nitrogen Compounds, disaggragated by their HS6 level were Isocyanates ($6.25B) and Compounds with other nitrogen function, nes ($672M)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Nitrogen Compounds.
It is possible to select the main countries that export or import Other Nitrogen Compounds 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 Other Nitrogen Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.