Oxometallic or Peroxometallic Acid Salts2841 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.42B, Rnk 590 / 1217
2020 Top Exporter | Top Importer: $1.31B | $653M, South Korea | Poland
2020 Product Complexity: -0.22, Rnk 616 / 1028
2019 - 2020 Export Growth (CAGR): -2.77%, Rnk 434 / 1217
2018 Mean Tariff: 3.47%, Rnk 1093 / 1259
2020 Share of World Trade: 0.02%, Rnk 590 / 1217
Overview This page contains the latest trade data of Oxometallic or Peroxometallic Acid Salts. In 2020, Oxometallic or Peroxometallic Acid Salts were the world's 590th most traded product, with a total trade of $3.42B. Between 2019 and 2020 the exports of Oxometallic or Peroxometallic Acid Salts decreased by -2.77%, from $3.52B to $3.42B. Trade in Oxometallic or Peroxometallic Acid Salts represent 0.02% of total world trade.
Oxometallic or Peroxometallic Acid Salts are a part of Inorganic chemicals. They include Salts of oxymetallic or peroxometallic acids nes, Metallic tungstates (wolframates), Sodium dichromate, Metallic molybdates, Manganites, manganates and permanganates of metals, Chromates, dichromates, peroxochromates nes, Metallic aluminates, Chromates of zinc or of lead, and Potassium dichromate.
Exports In 2020 the top exporters of Oxometallic or Peroxometallic Acid Salts were South Korea ($1.31B), Japan ($822M), China ($655M), United States ($87.7M), and Vietnam ($73.8M).
Imports In 2020 the top importers of Oxometallic or Peroxometallic Acid Salts were Poland ($653M), China ($542M), South Korea ($479M), Hungary ($369M), and Japan ($362M).
Tariffs In 2018 the average tariff for Oxometallic or Peroxometallic Acid Salts was 3.47%, making it the 1093rd lowest tariff using the HS4 product classification.
Ranking Oxometallic or Peroxometallic Acid Salts ranks 616th in the Product Complexity Index (PCI).
Description Oxometallic or peroxometallic acids are used in a variety of ways. They are used in the production of other chemicals, such as fertilizers, and in the production of plastics and rubber. They are also used in the production of glass and ceramics.
The following visualization shows the latest trends on Oxometallic or Peroxometallic Acid 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.
Trade By Country
Top Origin (2020): South Korea, $1.31B
Top Destination (2020): Poland, $653M
Oxometallic or Peroxometallic Acid Salts are the world's 590th most traded product.
In 2020, the top exporters of Oxometallic or Peroxometallic Acid Salts were South Korea ($1.31B), Japan ($822M), China ($655M), United States ($87.7M), and Vietnam ($73.8M).
In 2020, the top importers of Oxometallic or Peroxometallic Acid Salts were Poland ($653M), China ($542M), South Korea ($479M), Hungary ($369M), and Japan ($362M).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $160M
Top Destination Growth (2019 - 2020): Poland, $407M
Between 2019 and 2020, the exports of Oxometallic or Peroxometallic Acid Salts grew the fastest in South Korea ($160M), Japan ($93.4M), Vietnam ($27.7M), Chinese Taipei ($10.1M), and Turkey ($4.21M).
Between 2019 and 2020, the fastest growing importers of Oxometallic or Peroxometallic Acid Salts were Poland ($407M), Hungary ($241M), Iran ($7.54M), Philippines ($6.22M), and Chinese Taipei ($5.19M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Oxometallic or Peroxometallic Acid Salts.
In 2020, market concentration measured using Shannon Entropy, was 2.72. This means that most of the exports of Oxometallic or Peroxometallic Acid Salts are explained by 6 countries.
TOP NET EXPORTER (2020): South Korea, $832M
TOP NET IMPORTER (2020): Poland, $632M
This map shows which countries export or import more of Oxometallic or Peroxometallic Acid Salts. Each country is colored based on the difference in exports and imports of Oxometallic or Peroxometallic Acid Salts during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Oxometallic or Peroxometallic Acid Salts were South Korea ($832M), Japan ($460M), China ($112M), Vietnam ($57M), and South Africa ($45.7M).
In 2020, the countries that had a largest trade value in imports than in exports of Oxometallic or Peroxometallic Acid Salts were Poland ($632M), Hungary ($366M), Malaysia ($174M), United States ($131M), and Denmark ($31.6M).
In 2020, the world most traded Oxometallic or Peroxometallic Acid Salts, disaggragated by their HS6 level were Salts of oxymetallic or peroxometallic acids... ($2.84B), Metallic tungstates (wolframates) ($172M), Metallic molybdates ($166M), Sodium dichromate ($114M), and Manganites, manganates and permanganates of metals ($97.8M)
This visualization shows the countries that have an important ratio of their trade related to Oxometallic or Peroxometallic Acid Salts. It is possible to select the main countries that export or import Oxometallic or Peroxometallic Acid Salts in the world, or by continent, as well as select the measure of interest.
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.
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